@Yi Zhao, does your lease prohibit smoking?  

@Richard JumonvilleRegarding your original questions: Brian is correct, this type of pre-conceived quid-pro-quo is called a "step" or "linked" transaction by the IRS, because it is nothing more than a scheme to avoid an otherwise prohibited transaction and will be treated as such. 

What about sewer vs septic - costs to hook up into a sewer system may be prohibitive on a 5 acre lot, but not on a 100 acre site.

Also, if you don't have enough funds in your IRA to purchase the property - you must use non-recourse financing.If I understand you correctly, you are currently residing in this property which makes this transaction prohibited.

Most plans will allow you to own real estate either dierctly or through an LLC, but if real estate or private LLCs are prohibited (as I have seen in some plans) then you will violate your plan rules.

Most of these REO Companies are prohibited from doing anything but give the property to a listing Agent.

It's a royal mess.Correct, New Jersey has unique rules prohibiting carryforwards.

Since replacement of 3 systems is prohibitively expensive, and since with 3 separate systems, your tenants will pay for heat, I think it's worth investing in a service call from an expert.  

Since it will suffer more damage on a consistent basis, making the overall cost of ownership extremely prohibitive."

After reading through the NY lease I have some questions:Section 13 (G) - Prohibits the use of marijuana including ingestibles.