I ask because I thought it was illegal to use your IRA to purchase real estate you are involved in because a conflict of interest or indirect personal benefit is prohibited from the IRS perspective. 

Some may read the news headlines regarding this decision as an unequivocal prohibition of STR regulations in North Carolina, but that is not the case.

It is not prohibited by statute. 

Good afternoon all,The forum rules specifically prohibit seeking mentors or Internships.

The only issue with these two options for smaller scale DIY landlords is that they're designed and priced for larger property management operations and are therefore cost prohibitive.

However, i know that there are many cities within California that prohibit or heavily tax Airbnb's.

You can force appreciation and sell, you could do a mid term or short term rental (assuming no zoning/HOA laws prohibit those).

The denial was based on the following reason:"The proposed use Visitor Accommodations is prohibited in the RM-1 Zoning district per table 14-602-1".At this juncture, it seems my next step is to appeal to the Zoning Board of Adjustments.

I am a Texas attorney and there is no law prohibiting you from purchasing investment real estate just because you do not own a homestead.

The thing is my father is the chairman of the charity, so I'm not sure if this would be considered a prohibited transaction or not.Any good CPAs or Solo 401k experts out there who can clear this up?