This is very easy case for the IRS to declare such joint investment to be a "prohibited transaction".If IRS determines that your IRA engaged in a prohibited transaction the penalties can be up to 100% of the IRA value.

My two oldest have 165 university credits between them and we have not paid a penny yet in tuition. 

It is an addition to, or change in, the contract.Amendments are not uncommon and they are used for everything from a request for payment for repairs (after the home inspection results come in) to changing the closing date.It’s easy to remember the difference if you think about our ConstitutionAll those constitutional amendments we know and love were items added AFTER the Constitution was ratified, right?

Though this seems counter intuitive, interest rates do not really have an effect on residential property values. 

I live in NYC and most of you would know that it’s not easy to invest here especially if you are new to it.

Posting license and brokerage information in the ad makes it easy to separate the licensees from others. 61J2-10.025 Advertising.(1) All advertising must be in a manner in which reasonable persons would know they are dealing with a real estate licensee.

Originally posted by @Steve Vaughan:  I don't think that wholesaling seems easy but as you mentioned it seems like more of a natural progression to move towards as an agent since im already doing similar things as a wholesaler as a realtorIn fact after hearing from you and others here it seems like i shouldn't really change much other than perhaps who im marketing to!

Unfortunately, once you leave your employment you also leave behind the low interest, easy to find, easy to qualify for conventional financing.Some people have successfully transitioned to self employment, Sch C or S Corp income. 

I haven't been able to come across the answers on the Intuit and IRS websites yet.Thanks,David

I guess you don’t end up paying off the rehab part of it if you did in fact get a loan for that portion of the deal...knew it was too good/easy to be true!