:)If I'm interpreting your quote correctly, the current TN usury limit would be below 10% now, right?

Yeah...the nice thing about math problems like this is that everything has hard and fast rules...no room for interpretation.

I bet the software interpreted them as html tags and so didn't display them.

Provisions of this Memorandum shall not be used in interpreting the Contract.

But its just a content correction & is up to interpretation.

She did regular in-person technical training (like how to interpret the contracts, etc) and then sales/business training options through various RE gurus.

The IRS leaves everything up for interpretation, you would have to prove your not disqualified by an ERISA attorney letter which no attorney will sign off if audited Seems crazy but If it's a gray area probably not a good idea

Hey @Nick Keesee, the way I interpret what I've read and researched is it should be compliant.

I don't think we need to talk about "opinions" or "interpretations" of law, as they can vary with each attorney or laymen, and nobody is correct or incorrect until case law resolves the issue.

Im sure this has gone back and forth as either or depending on how the guidelines are interpreted.3) 75% of gross income - PITIA if they dont show on the tax returns or we use tax returns if the most recent year of tax returns have been filed with the property on there.