A joint venture (i.e. partnership) is usually defined as two or more parties coming together intending to pool resources and share profits.Generally you would have a Form 1065 filing obligation. 

Could you define the “LTV” acronym?

You might also upload a photo to your profile, it gives your posts more seriousness and character.

But have you defined what your minimum requirements would be as far as cash flow, ROI, etc....

The defined exit of a flip seems attractive, all goes as planned of course. 

Ac or armor clad is covered in section 320 and is defined as containing a continuous copper or aluminum conductor, intimate with the armor and continuous.

Hello @David WareI would recommend consulting with your CPA to define and game plan your best long-term solution.Regarding any questions regarding SDIRA, I would recommend talking to @Dmitriy FomichenkoHe was super helpful and is a great resources to answer all questions.

Its a defined time period, so if they do not complete the sale you have gained the $5k for your trouble.

How the IRS defines a principal residence: “If a taxpayer alternates between two properties, using each as a residence for successive periods of time, the property that the taxpayer uses a majority of the time during the year ordinarily will be considered the taxpayer’s principal residence.”

Wouldn't it depend on what the agent defines prior to or upon sending you the pocket listings?