The tax code very clearly prohibits that.But, the lenders that offer non-recourse loans have more conservative underwriting criteria, as I noted above.It absolutely is possible to leverage an IRA using debt-financing such as a mortgage and this can be a very powerful strategy.  

It seems according to the RESPA rules we should be able to choose our own title company: "Section 9 of RESPA prohibits a seller from requiring the home buyer to use a particular title insurance company, either directly or indirectly, as a condition of sale."

I considered the reverse 1031, but the cost is prohibitive for the deal I'm looking at.  

This will be her second N5 in the last 2 months.I will also serve an N6 for illegal activity in the premises because owning a pig is prohibited by Hamilton City by-law.AND finally will bring an N11 to give her a chance to agree to leave, maybe for a small about of $$.

(I used to collect last month's rent as well, which I highly encourage, but it recently became prohibited in NYS.)Next, here's a canned email response I use for everyone who answers my ad with the aforementioned questions answered.

(Although as a mod I should remind everyone that personal attacks are prohibited on BP.)I think the disconnect is people are confusing "I won't get caught" with "it is legal".

Carl, IRA can invest on its own and IRA can flip properties (subject to UBIT as stated earlier), but IRS rules prohibit you using your IRA funds to fund your own business venture.

I’ve got space to convert a garage space into an ADU but the cost was prohibitive so I’m thinking of logically starting with one piece at a time and building it out when I have a little money here and there over the course of a few years now.

Hi All,Does anyone know why str are prohibited in Monroe country pa?

I specify for my tenants that I do not prohibit certain types of dog (the "aggressive" breeds) but I do require them to have the pet rider in their policy.