However, you should get a pro to weigh in, since a mistake could lead to the entire IRA being disqualified.

I think I'm with Luis here, I'm very uncomfortable gambling on future tax rates and the future structure of the tax code, and it is a gamble, make no mistake.

I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mistakes).

Very slow, lose the order, get it wrong, take forever...YMMV.Something to remember: If you're replacing windows be sure to double check the need for tempered glass near doors, bath fixtures, etc... easy mistake to make.

I don't know you and could be misreading this, but it appears you are making a common newbie mistake.

We ultimately decided to keep the LLC structure but write in the changes to the Operating Agreement so there would be no mistaking who owned what and how and when they would get paid.

The safe way to go would be to keep your day job until you have enough reserves to weather a mistake and a lengthy period of time.....although I must say I didn't have that, I took that leap anyway...and I'm ok and happier than I've ever been.

And until you do that, it's only a matter of time before you make a huge mistake that can cost you thousands of dollars.

I want to avoid costly mistakes.

I want to avoid costly mistakes.