What are you expecting from this post? 

It can be personally designed post cards or it can be letters. 

Although, the posts here are accurate we take a different approach.

Also reality is the only time you will get nailed for not managing deposits properly is if you use that money.

@Chris Seveney and @Stuart Udis and @Jay Hinrichs have posted excellent analysis.  

Originally posted by @Greg Scott:There was someone on this forum that was trying to use crypto for his downpayment. 

The information contained in this post is not to be relied upon.

The issues can be local so look for someone in your area who is posting and try to contact.   

Hope all of that makes sense but post more if you would like. 

It also requires different reporting of that separate interest expense on the K-1 each year so the partners know they have the obligation of tracing that interest expense to however the partner used the distributed proceeds.I typed all this up and realized Mr Brooks has left the building and posted this 6 months ago, but hopefully someone else will find this useful!