This can offset a lot of the expected tax savings.

There would be some driving, but nowhere close to 100%, I expect.

What I expect to see is a loan amount of $90k and a Total Cash needed of somewhere around 17-20k.Any help would be appreciated.

Based on “substance over form” principles, it ruled that the IRA did not really own Roth Inc for two main reasons:• The IRA’ were exposed to no significant risk; and• An independent person in the IRA’s shoes could not realistically have expected a benefit.Since the IRA did not really “own” Roth Inc, the income really belonged to the taxpayer – and putting that money into the IRA resulted in a taxable “excess contribution”.More specifically, the court held that a $500 investment, absent any other significant risk, does not give rise to any real risk for the IRA.

These will eat into any cash flow/profits you expect to make. 

If you do then expect a fight.

Now the realtor has only provided a "buyer's estimate" for closing and expects a cashier's check.

Hi Jennifer- if you rented the units to the tenants with AC, then the expectation is that you provide AC.

It could've been an oversight on our part but we did not expect the deleading costs to be close to 25% of our total reno cost!

I expect to make an offer this month or early next month.Good luck