How can I do that and be in compliance with all the regs?

The Code does not require any particular accounting method however it does require that the accounting system used be in compliance as to Code in being consistent and so as to reflect proper allocations of income and expenses.

You're most likely referring to the Texas Department of Housing and Community Affairs, the state agency that handles ownership records and compliance.

Learn to love plastic sheeting.EPA lead rulesIn general, you just need to build the cost of compliance into your margin.

If you can't keep up with the rules of these zones and track the compliance, handing you money to these funds to defer and later permanently avoid tax would be the best. 

Look for groups that provide a year round advisory system if you are looking at proactive tax strategy vs compliance only.

@Andrew Thomas VedderFirst off, I am not a CPA, Working with a qualified tax professional can help you navigate the complexities of real estate investment tax strategies and ensure compliance with applicable laws.Calculating the specific tax benefits and their impact on your overall tax bill can be complex and depends on various factors, including your income, tax bracket, and the specific tax laws in your jurisdiction.

So according to the law at the time you were in compliance in GA.GREC caught onto agents doing this and changed the rule to say the brokerages contact info has to be as LARGE or LARGER than the agent info and message or it was non-compliant.The GREC wanted to have the brokerages info readable to the public first and the agent second because ultimately the actions of the agent rest with the brokerage.So check on how big the print has to be for the brokerage and you might can work that angle if they haven't passed a rule against it yet.No legal advice given.   

I don't have a 1003 in front of me, so if the block says secondary market loans, I might be mistaken, but the intent of the other assets and liabilities section is clear to me, I think it is after 20+ years of filling them out and examining banks for compliance issues as an examiner, I don't know, I might be off base, but I think I'm safe in the overall assessment and what was inferred.

Only that they were filed as a compliance procedure.