Quote from @Tom Gimer: Sounds like people are winging this stuff and passing it off as expertise.I've read so much in that past 24 hours I think I have interpreted some of the information wrong or have a few points mixed up on that.Quote from @Veronica Grimes:Hello Anthony.

@Jeff KleinThis would be a transaction to avoid.There is an interpretation, somewhat irresponsibly promoted on the internet, that you can joint venture with your IRA. 

Not to sound like a broken record, but I would highly recommend reaching out to legal counsel who specializes in this type of issue; they'll be able to give you a more accurate read on language interpretation from that clause you included above.

The new law is not clear as to whether the 10 year occupancy requirement applies when two tenants vacate the same unit, or only when tenants vacate two different units; however, we expect the latter interpretation to apply."

I am assuming listsource interprets similarly.

If that is your reasoning them you can put a property in a land trust and it would not cause due on sale clause Note never call bank and ask them as they will say no even though the law is on your sidePlease note I am not an attorney nor do not interpret this as legal advice

From what you have written and the way I am interpreting it is I believe you may need a monthly vacant house insurance policy.

See http://www.health.ri.gov/materialbyothers/LeadPoisoningProtectYourFamily.pdfThe trick with the fire regulations is that each fire marshall can effectively interpret the rules differently - for example, some towns will let you use wireless detectors, others will not, even though by code you should be able to - in my admittedly-imperfect understanding of this areaStaying up on these law changes is a big reason why I attend our local REIA (rireig.com) every month, by the way.

"Legion" is a movie that just came out that rewrites Revelation as God sending angels to earth to destroy humanity - outright against every interpretation of Christianity and even Judaism.

(whether the author has researched the disclosure laws and knows for a fact this is true or whether it's just common sense is unknown) I could see defense lawyers continuing to have a real field day with this because so much is based literally on subjective interpretation and intent or lack thereof - both of which ALWAYS become the exclusive province of all white collar cases involving fraud.