That will typically NOT trigger a due on sale because you're all related (again, lawyer time.)

About six weeks ago I got a call from an old friend who does compliance audits asking if I would be interested in hitting the road....LOL!

I don't honestly believe this is going to have a major impact on tax compliance.

As an appraiser, you should be able to operate in compliance with applicable laws and understand the game and insure properly.

Hi, you should be able to do some work on the phone and find out if you will be in compliance.

For this reason, UBIT could be triggered if your IRA owns all or part of a business that earns its income through the sale of a product or service.

If an investment in your SDIRA triggers UBIT, a 990-T needs to be filed.

Now, perhaps you're concerned that the FDIC won't be able to pay off such a big default, or that a B of A failure would trigger a complete collapse of the US economy.

That was 5 years ago and about 42 books/courses later.I joined the local REIA's, tried wholesaling, never able to pull the trigger, kept referring my leads out to realtors and realized I was giving away easy money, so I became licensed.

., if anyone is familiar with a 15 degree sloping propety wull of rock is needed for the next music theater parking lot or hotel) there is considerable risk involved in accepting title to properties.If there are funds at the table of a second buyer, title is good/insured, all documents are properly executed, etc. there is ZERO risk of my money being shoved twice across the table.I would not suggest funding deals for just anyone, as there are compliance issues that must be addressed and more than a common knowledge of legal issues, but if you have the capacity of playing the stock market and not losing your tail, RE financing can be a slam dunk!