He stated working in the biz 1,000 per year would constitute Full time, making the deductions eligible to offset regular income tax.BUT, I'm the insurance guy, not the accountant:)  So don't take my word for it.Good Luck

I don't even know how to ask what constitutes a reasonable cost for services.

I will add the caveat, "I know this is not a forum of lawyers, and this in no way constitutes legal advice. 

Signing such a document, and accepting the advancement of funds, knowing you have borrowed the downpayment would constitute mortgage fraud.

That would constitute a new work out though I would think... 

Regarding Title III the devil really is in what constitutes a "common issuer" and I don't really think anyone is going to be able to opine on things in the abstract on a message board.  

The docs constituting a HOA are just like the docs controlling any other non-profit, you have rules for quorum, amendment, etc. 

From what I remember the IRS is looking for elements that constitute employment such as: you have to set their hours, require they wear a uniform/clothing, etc.  

It is almost identical to the Colorado constitutional amendment that was overturned 6-3 by the Supreme Court in Romer v Evans.

If HOA had instituted an action, it would be of public record for us investors, we could see how much the 6 months due are.HOA's fight that sending a unpublic 30 day demand letter constitutes "Institution of an action", ********!!