The deal will also need to cover DSCR (if it doesn't, try getting the Seller to carry the 2nd where interest accumulates with no payments due until a balloon payment date in the future; be careful, know you have an exit when it balloons).My interpretation is that @Eric Schleif is looking at this from the perspective of a CRE lender whose job it is to obtain the very best financing package for his clients. 

There has not been any court decisions on it yet, but I would expect the normal interpretation that our courts have done on regular LLCs.

If you deliver something in written English, the tenant will need to find a resource to translate/interpret it into their preferred language.

This is an old article and doesn't really say which comes first, the chicken or the egg, but it does talk about choosing a turnkey market-https://www.biggerpockets.com/...Usually analysis paralysis stems from having too much information that you don't know how to interpret.

I’m not sure I understand this new interpretation.

I can tell you though that if I had a buyer and I sensed anxiousness in a seller, I would interpret that they needed to sell.

@Jamie Bateman it is an interpretation of the tax code that I know John hyre used to talk about.This question really needs to be answered by your cpa and how you do your taxes and which schedule you use etc.. i can say the way my business does their taxes it would not be considered a taxable event

"investor" rules are not only extremely complex but actually vague and subject to interpretation.  

I believe ASC is reserving the right to pursue a deficiency, although it doesn't acutally SAY it like that.Would someone be able to interpret this for me?"

What is left open to interpretation is what constitutes "authorization"??????