Prohibition against working on cars, trucks, boats, motorcycles etc.

I actually got a call today from the codes office telling me that they are prohibited in the city but they may be ok outside of the city.

For example in my city, the city prohibits more than 3 unrelated adults from occupying a property.

Also, there is no prohibition against managing properties in your IRA or 401k.

Most of the time they will tell me yes but sometimes they say company policy prohibits them from answering that question.in that case I look a the credit report and it will usually have their gross pay listed and if it is close to what the application says then I am ok with that.If the company will not verify their income (happens more often every day) then I do ask them to provide me with their last 2 paycheck stubs which will list their gross pay and you can just do the math from there, or you could ask for a copy of last year W2 or tax return.

No state that I know of prohibits you from selling your own property.Listen to Podcast #231. 

For legal purposes, I always recommend it, particularly because in many states the costs are not prohibitive at all.

Sibling, cousin, aunt, uncle, nephew, niece might be permitted ...The folks who run the SDIRA can usually give you info like this, identifying prohibited vs acceptable.

In doing so so, however, they will be subject to the anti-­‐fraud provisions of the federal securities laws, which prohibit misleading statements.

Many of these homes are up to 100 years old and some of them haven't been upgraded since Prohibition (alcohol, not cannabis :-) ) So, you could be looking at costly plumbing and electrical issues.