I was on the Board of Directors here and wrote the note for them, I was concerned about the IRS and imputed interest and they just said...oh no, we won't do that to you!

Hi @Jeff Greenberg, no actually their DOI form specifically asks "I represent that I am not an officer or director of the offering entity or any affiliate thereof, nor am I related to any officer or director of the offering entity or any affiliate thereof. " So they specifically want to know this. 

Board of directors choose when they want to make a claim under master policy as well, so you have no control whether you are reimbursed under master policy for damages etc.

Jeanette Fox, Senior director for Risk Investigations and Research at NACHA // jfox@ BIGGER POCKETS WONT LET ME POST EMIAL // direct line for banks to call 703561 BIGGER POCKETS WONT LET ME POST # .

Two years ago I stepped away from 25 years as an HR Generalist/Director in Corporate America to build and manage a furnished rental business, and I haven't looked back.

And, there needs to be no direct or indirect benefit involving a disqualified party to the IRA.

"California’s economy benefits from diversity and job growth that has expanded beyond the tech industry in recent years, said Steve Levy, director of the Center for Continuing Study of the California Economy"http://www.washingtonpost.com/blogs/govbeat/wp/201...I just got back from the mid west.

If you're able to get a decision maker on the phone like a senior vice president, managing director, etc. then you'll have a much more constructive conversation.

We've been very busy and to date, we defeated the tax levy; we humiliated our disgraceful mayor who was running for judge (he lost with only 18% of the vote); we humiliated a disgraceful assistant law director who was also running for judge (he lost with only 20% of the vote); we were going to recall the mayor, until he decided not to run for re-election; our group was instrumental in convincing 3 other disgraceful city council members to not run for re-election; and we're now involved in a fight to replace the rest of the disgraceful city council members, the law director, and to have control of the local water department taken away from the city.

@Ben FreeburgSimply put, either your IRA or your property management company participates, but not both.If you try to use your property management company where your IRA is the owner, you will certainly be creating some kind of direct or indirect benefit between the plan and a disqualified party.