Immanuel nah, always room for someone to interpret or find exceptions to AI!

This may be interpreted as recruiting persons of a particular religion at the exclusion of other faiths.

After the initial investment, current interpretations of the prohibited transaction "attribution" rules suggest that a later investment by the IRA under these circumstances would be a prohibited transaction anyway. 

I interpret the letter as requesting all communications going through his office.

John Anderson @ John Anderson: Appreciate your counsel John.If I'm interpreting what you are saying is that we may have to 100 % finance potentially expose us and unable to leverage other people's money. 

Section 1701j-3(b)(3) says:In the exercise of its option under a due-on-sale clause, a lender is encouraged to permit an assumption of a real property loan at the existing contract rate or at a rate which is at or below the average between the contract and market rates, and nothing in this section shall be interpreted to prohibit any such assumption.That means would you lenders please go easy on the borrowers.

Next time I'm at the file cabinets I'll see if I can pull a draw contract, but in my neck of the woods they're usually one page and calls for some meeting of the mind on what constitutes percentages, ie none that I have used are so specific that there's no room for interpretation.

Those skills are transferable to real estate investing.Also, I have a vocational certificate and national certification as a Sign Language Interpreter.

My initial point is that there is a lot of disinformation out there and one needs to be sure of the facts before choosing whether to implement a specific strategy or not.The fact of the matter is that there are a whole lot of areas of the tax code where the IRS does not "expressly confirm" an entirely legitimate interpretation.  

In the acquisition of a property with an existing lease and clause that states rent can be increased in succeeding lease terms (with proper notice), is this a strict interpretation that rent cannot be increased in the current term of the lease?