The problem with your particular case would be the marketability when trying to promote it as "great for your adult children" or "let your parents live in the in-law suite" - however you phrase your rental ads, this would violate Fair Housing rules that prohibit discrimination based on familial status.

Either way probably cost prohibitive, I'd go with electric.

An SDRP can be invested in "anything that's not a prohibited transaction", per the IRS tax code.An IRA or 401(k) LLC gives you checkbook access to your retirement funds so you can invest without needing to direct a custodian.That's an over-simplification, of course.

When it comes to IRA or 401k you are considered to be disqualified person, as such the IRS rules prohibit you to receive any benefit from your IRA directly or indirectly, providing to your IRA any services goods or facilities or otherwise be engaged in any transaction with your IRA. 

Hi all,Most of the landlords in my area have blanket no pet policies, which are rarely negotiable. Clearly, they're aimed at dogs and cats. Some are ok with caged pets (birds, hamsters, goldfish, etc.) while others ar...

Payoffs for vacating for such tenants might be prohibited, as is sometimes the case with seniors, those on disability or Sec8.

Can I prohibit smokers from renting one of my apartments, or ask if they are smokers when screening tenants?

********Response from IDFPR****************You recently contacted the IDFPR regarding an inquiry about wholesaling real estate and whether the practice was prohibited under Illinois law.

@Jenifer Levini I was excited about the train as well, but the fare seems to be cost prohibitive for many.

There are only a few states that expressly prohibit restricting of guns in rental properties.