According to the Texas Water Development Board, our current water supply in Texas is not sufficient for the additional 21 million residents that are being projected.

I had to buy out his interest ... let's just say it was sufficient enough a 6-unit MFH deal under negotiation had to be abandoned.Take Jon's advice and get out now ... it will only be more expensive and disruptive the longer you wait.

A word to the wise is sufficient.

All the profit went back into his IRA to grow tax-free” Considering these testimonials and UBIT consideration, is anyone aware of the IRS giving any informal/formal guidance that the inability to execute a contract for lack of sufficient funds in a retirement account could be used to make the case for dealer “intent?”

If you run the income through an LLC, the LLC could actually W-2 a portion of your salary which would be sufficient documentation but we don't know if the income would be sufficient.

I'm right with you about these things not being taught sufficiently well in school.

If he has sufficient funds you can have your money refunded and pay from his account.

I've closed some deals with wholesalers on 1 page contracts just the same as longer ones.As long as you have sufficient verbiage to allow for due diligence or option periods as well as the seller allowing proper access to the property for buyer final approval I think you should be fine.

If you have sufficient insurance what's the issue?

The issue with elected officials and sports types is that they are more prone to vandalism, sometimes attacks.Usually, for lesser expensive dwellings, a sufficient notice and disclaimer concening their belongings, etc. are not covered and if they desire coverage they must obtain tenants coverage.