@Pandu Chimata, what role does the charity play, and what role do you play?

Even then you run the risk of the appearance of a conflict, and the resulting potential lawsuit.The conflict arises because of the different legal roles of an agent and a principal.  

However, you cannot buy controlling interest in that LLC or even more than 30% of it (not sure about 30% but there is some guideline about it).You cannot also take any role in managing the project as it would violate IRA rules.

I have been doing higher end VR PM for awhile, along with owning my own properties but am moving into more of an investment management role with regards to VRs. 

When sept 1 roles around, if they aren't gone, what are my rights.

Hi all,What do you think about this:If you had a $300k mortgage that you had to port or else you would pay a hefty fee of $17,000, would you be better off paying the fee and getting new mortgages at lower interest in smaller deals on your own, or would it be better to JV with someone who will not put money in on a five year deal but take care of the management role and split revenue?

It may sound trivial, but going through basic exercises and putting pen to paper can really put all sorts of things into perspective.  

Being in Escrow, I have a fine line to walk before muddying the lines and my role, so investing has been hard to do.

And if they don't exercise the option by the end of the contract, all that money is no-refundable.

He was then able to obtain new financing and exercise his option.