I was reading an article and found this law for handling Ohio security deposits:OH "Any security deposit in excess of fifty dollars or one month’s periodic rent, whichever is greater, must bear interest on the excess at the rate of five per cent per annum if the tenant remains in possession of the premises for six months or more, and must be computed and paid annually by the landlord to the tenant."

If they do excessive or malignant damage to the property after you have done a walk thru with a third party you can sue them for damages.Also, by promoting this behavior in tenants they avoid having evictions filed on their record and you are just passing the problem along to someone else.  

I'm starting a 50 unit that will give me in excess of 1 mil in writeoff and I will pay NO taxes next year( unless I get the long term work force housing subsidy of 50K per door, but thats' a story for another day.

Specifically, when you form a corporation, you subject yourself to double taxation and excessive paperwork.

It is very possibly to generate after-UBIT returns to your IRA in excess of 25% if you do the right deals.2) Have the IRA be the bank.  

Does this seem like an excessive bill or am I being too cheapskate?

Any excess becomes an advance on your profit when you sell, and the profit is then legally yours as the SDIRA has already been paid back.

It just seems to add a lot of excess because all my non-business stuff is now on there.2.

If you are looking for Hard Money Lenders ("HMLs") in the metro Atlanta area, I would start with reviewing the following in BP's Resource tab: http://www.biggerpockets.com/hardmoneylenders/geor...After reviewing these, PM me and I'll relay my experience with those I've dealt, and perhaps steer you away from those I've researched that aren't quite up to the standards of their competitors - i.e. those charging upfront fees, exorbitant points, excessive or conventional-mortgage like underwriting and documentation, etc.If indeed you are looking to PLACE money, PM me as well and I'll send you a couple of suggestions of BP members that are active in that side of the biz.Good luck!

If the IRA owner is ineligible to make a regular Roth IRA contribution or has already made his maximum IRA contribution for the year, the converted RMD becomes an excess contribution.The 60-day and one-per-12-month rollover restrictions do not apply to direct conversions.Unlike a solo 401k Roth conversion, which can not be recharaterized, Roth IRA conversions can be recharacterized by the taxpayer’s tax return due date plus extensions for the year for which the contribution or conversion was made.