Even if he gave you a quote for the price of that (quote usually lasts only a specified number of days because of price increases) and it went past it deadline he has to get you to sign off on the new quote.

Does any tax-savvy investor and/or CPA out there know if it's true that we need this written policy at all and/or by this looming deadline?

The person they sent the money to already spent it and says they will pay it back but keeps missing the deadline.

Because many of these deals cause UBIT/UDFI in IRA and also they issue the K-1 much later than the tax filing deadline...

I do my own tax because I don't want to pay a fee to CPA.I missed the Roth IRA deadline, I guess I can only do it next year.Do you know what is the best (cheapest) self directed Roth IRA company out there where I can open an account?

Last time I had an applicant where debt to income was a concern, I gave them an opportunity to step up with a guarantor (co-signer for those who prefer that term), and a deadline for doing so.  

@Russell Brazil we had the option to add penalties to the contract that would cover any taxes incurred by missing the closing deadline.

If someone misses their deadline, they lose valuable rights.

This would allow you to defer the payment of capital gain taxes on $9,000.00, which would likely be approximately $2,700.00 (estimated at 30%).The 1031 Exchange transaction will require that you identify potential replacement properties within 45 calendar days after the close of the sale of your relinquished property, and you must close on one or more of those identified replacement properties within 180 calendar days after the close of the sale of your relinquished property.Personally, spending $799.00 in order to defer approximately $2,700.00 while having to go through all of the 1031 Exchange deadlines, probably does not make sense.

Also would like to set up milestones/deadlines and mark a task as a certain percentage completed (i.e. 50% completed).