Please remember that they do audit these types of things.

At some point, they're being audited on their loans by outside agencies as well.

Another issue under the current rules is that any raises over $500k have to have audited financial statements after their first issuance.  

I've done a personal audit of some of these financials and they have No idea if they are funding adequately or not. 

Wouldn't that bite you at audit time?

You can audit entry with a USB key, so might need your housekeeper or handyman to grab that and upload it for you.

Somehow you will want proof of that amount just in case the PA Dept of Revenue audits the transaction; going through a title company will help you to have proof, because the PA Dept of Revenue will use the tax assessed value multiplied by the leveling factor for that area to impute the property value amount upon which transfer taxes are expected.

@Sekelle O.You possibly could as long as you can prove in the event of an IRS audit that you could have obtained a loan from the third-party without it being contingent on you loaning your IRA funds to the third party.

Don’t audit life.

I'm not a fan of tax though, I'm audit side.