I personally used to be the investment director at Waypoint Homes (currently publicly traded as Colony/Starwood) and oversaw the purchase of more than 1,500 single family homes across multiple states.  

Crazy, never thought I would ever see comments from around my local area, as I live and Have worked in Amherst NH for the past 25 years....David Pollio, Managing Director, Acquisitions and Head of Trading Desk .

Bottom line is no direct or INDIRECT benefit between the plan and disqualified parties.As noted in prior posts:The use of debt-financing will create exposure to UDFI taxation.Rental income is passive in nature and fully tax-sheltered.  

@Rocky Griffin Yes, I think it is called every door direct or something.

Jude Children's Research Hospital in the Pinch District.During the executive session of the Memphis City Council today (Jan. 17), Paul Young, director of the City of Memphis Division of Housing and Community Development, presented the city's plans to fund a "new sense of arrival" over Tennessee's most traveled highway, I-40.Ideas to liven up the scenery included additions to Mud Island, including zip lines soaring above water and fire features — yes, fire.

@Ben N.The law states there may be no direct or indirect benefit between a plan and a disqualified party.  

Most HOA covenants require a board of directors.

As I mentioned several weeks ago, I am writing a book, "Female Flippers Tell All: Overcoming Challenges and Dispelling the Myths of Flipping Houses."

Trump's attitude that females are less than equal to men and essentially property.

Establish board of directors, guidelines and assumptions similar to and HOA, sell 98 lots via (seller finance, lump sum payment).Can a lot, or property be classified as a share?