One's financial / legal professional SHOULD be able to extrapolate to the point of determining how best to insulate the business person as much as possible from potential liability issues.The topic of this thread is not "sheltering income" (which I do not promote - always be above-board and honest: full disclosure, especially when dealing with the government), nor is it even protection against liability arising from the assets under one's control (control everything, own nothing).Colleen was asking about issues pertaining to deductibility due to personal income caps.

With that said, it's hard to say whether or not it is a 'good or bad' investment without knowing where the property is or having more information pertaining to the market it's located in.

So, in order to best adhere to such a crowd, provide them with the resources they need to review the opportunity on their own, while also welcoming any inquiries pertaining to information that you didn't cover.Just my 2-cents, though. 

Most important starting off would be the information pertaining to the actual purchase of the property.

I have some questions pertaining to having a veteran owned business, investment and finance strategies, among other things.I would greatly appreciate hearing from a fellow veteran out there.

Any significant departure from that not pertaining to buying this house and sending funds directly from there to escrow, voids my preapproval.

Either way I would ignore this court decision as it pertains to Debbies issue and recommend she consult a real estate attorney familiar with the requirements for associations in her state for the best path.

I am a real estate agent/professional in Austin with a broad background pertaining to real estate.

Each estoppel would then be reviewed with the tenant to whom it pertains and, if necessary, amended.  

Also don't be afraid to ask more questions and find the threads that pertain to what you are doing.