Then he can foreclose upon you and you can also have a forgivable caveat on the mortgage.I have done dozens of JV's/OP's and mortgages are just so much easier as they leave your investor secured, attached to title with everything laid out and clear.

There are no appliances inside until we get a tenant and the outside AC compressor is being installed (today) with a steel security cage anchored to some concrete piers.

I checked with Satchie Carvounis at Security Trust and she confirmed that: No the IRS rules don't address this situation, it simply states that the IRA can't engage in any transaction with a prohibited party.

Even if you could put part of it together by yourself, you still need a skilled securities attorney to put the deal together.

A number of improvements were made, including better fencing and security and some of the large, hard-to-rent units have been divided into smaller ones.

Yes, and I double checked with Satchie Carvounis (SDIRA consultant at Security Trust) that is correct as soon as the property has been 100% distributed to the IRA owner they can treat it as their own and don't have to worry about IRS guidelines.

Check out this report on residential mortgage backed securities (RMBS) that came out on Oct 5.

I asked if she could move out in Nov and I will return her prorated security deposit and did not like this option as she will be Asia.

There is no official redemption period in California but the owner have the right to challenge the tax sale up to 1 year.

60% real estate/20% Loomis Sayles Bond Fund/10% Vanguard Inflation Protected Securities/Cash.