The definition of a “disqualified person” (Internal Revenue Code Section 4975(e)(2)) extends into a variety of related party scenarios, but generally includes the IRA holder, any ancestors or lineal descendants of the IRA holder, and entities in which the IRA holder holds a controlling equity or management interest.

Could be tall weeds, garbage, woodwork needs painting, razing order, or anything in between.The city doesn't request a penny from me until they re-visit and it's not completed or deadline extended, then I get fined.

To give a good space for an eating area, I took out the cabinets on one side of the kitchen and extended them on the other side so there is a large space where a table could be placed.

The only thing you can do is sign the amendment to extend and hopefully they can figure out what to do.

Houses have about a 40-50 year life - which can be extended with extensive gut renovation.

Investors can only bid on properties once a property has moved to the extended period listing.

Buyer needs to put up entire downpayment as non-refundable EM and we extend for 1-2 more weeks; or2.

So let's just put a couple of them out there - I'm not suggesting you should or shouldn't do these things, just presenting food for thought on alternatives.How about extending the time period in which the tenant is given the opportunity to perform on the purchase?

I can talk to the owner about the low city assessment that prospective tenant/ buyers will look at...2-Year option with the right to extend up to 1 year.

I believe that if my money partner is willing to HOLD the note for an extended period (or until maturity) it will completely change the dynamics of this situation and allow for the owner carry strategy to be workable and for it to end in a win/win.