My sincere appreciation to all for the tips and advice!  

Now, if you don't have many choices (good balance of your funds in taxable vs qualified accounts like IRAs), then I've done the analysis w/an investor in our syndication and their CPA to show it still makes sense to make the investment based on expected returns.However, since real estate is so tax efficient, strategically speaking if you have choices, ample cash in taxable and qualified plans, you should hold income producing investments inside your IRA that are not so tax efficient like notes that just distribute income in the way of interest.  

Thomas S.I sincerely appreciate all of your replies and really respect your position.  

If you have any insight on this, I'd sincerely appreciate any information you could provide!  

sincerely,

I'm not wanting to be harsh since you have a sincere question, but that is how it is treated in court.  

I just don't see the reason an HOA would want to drop the fine because it sounds like easy money and my focus would be a sincere apology for misunderstanding the rules and seeing if they may be able to work out a deduction.  

Sincerely, Corbin Revell

Coal's, Tax experts, landlords and so many others who didn't walk the BP red carpet.To all of you a sincere thanks.Now putting on my contractor hat; For you trolls thinking I'm sucking up, save your comment & read my 1st quoted idiom.

Sincerely appreciate any advice!