Self directed IRAs is what we do and for the most part of the thousands of questions we answer every month structure is number one, tax related and third legal.There is a huge misunderstanding in the market as to what people can legally do or not do and what the potential tax ramifications are.

I think that is a point, but IMO the main point has more to do with misunderstanding the needs of each party.

Based on what you write below, I think you are misunderstanding what a "contingency" is...A contingency is something you put in your contract that gives you an "out" if you need it.

Another thing, when I called to get a copy of the 1098 and 1099C (haven't received it yet), the lady acknowledged there was a 1099C, so I'm a little confused as to how you can issue a 1099C and then also attempt to sue for the balance.I don't think they can so hopefully it is a big misunderstanding.

So, you quote a statistic that you claim is accurate, yet you don't really care if it is or not, and you're certainly not willing to do the due diligence necessary to find out...You misunderstand.

Most arguments (often times just misunderstandings) will be avoided when everyone is on the same page.Enjoy this great business.p.s.

Moe:I don't want you to misunderstand what I'm saying; my apologies for not communicating it correctly.

Needless to say, it is clearly a simple misunderstanding.

He sent us an email back , saying sorry for the misunderstanding and a new addendum to sign adding the words"paying $80 a month for landscaping in compliance to 11c (which refers back to the maintenance contract)Now the agent only quotes the first addendum ...god knows what happened to the second.We never did receive a copy of the lease just after moving in.But if the landlords use that in court...and the court dismisses the emails and/or the changes that was made with the addendum (no proff of signing)....am I actually responsible for landscaping, shrubs lawn etc?...

You could have ground contamination problems, the disclosure issue when you sell, etc.Sorry for misunderstanding the 203k thing.