Month to Month lease as opposed to a term lease.A term lease places the control of the property in the hands of the tenant for the duration where as a M2M allows the landlord to not renew each month in the event the tenant becomes a problem.

If so, then yes, that is a taxable event just like any other distribution from an IRA.  

There is also a Portland area networking event this Thursday at 5:00 p.m.

Best way to build a buyers and sellers list is to hit up those networking events, connect with people and find out what they are looking forI'd suggest two networking events in townOne is held at the Red Neck Country Club hosted by Jet Lendingthe other is an event by White Picket Reality(also send me some info on your property i want to buy it)

Failure is not an event.

Failure is not an event.

If interested, I'm holding my next quarterly networking event in March so you're welcome to attend.  

However, my atty advised against Vermont rent to own/lease option plans because in the event the deal goes awry, you have to foreclose... not evict the tenants in possession.

I want to customize the CRM software to automatically respond to missed calls with a text message, and create an event that will schedule a call back task.

Yeah, that could be pretty serious.In any event, I think solar is the way to go on these properties.