There is an interpretation within the self-directed tax advisory community that an IRA or 401(k) may joint venture into a new project with a disqualified party under the following circumstances:Both parties enter into a joint venture together – i.e.

I am looking for some creative financing option or joint venture partner ideas. 

In the past Iv'e made decisions that weren't genuine to who I am, and found that it never pays, gotta stick to your gut. 

The project was then joint ventured with Lennar's Multi-Family Communities Investment division.

We are looking for a CPA to help us with a joint venture operating agreement and future tax issues.

It is never a good idea to try to deal with joint ownership of a property.

The only issue is if there are irregularities that are too severe, they may eventually cause a joint to fail and a board could stick up a little bit at a seam.

If on the otherhand you have the"caregiver" gene and genuinely like to help people and can empathize with the stresses (over buying and selling) and emotions and act in parental role with complete strangers then i am sure you will be unstoppable in this field.

You can also have a simple JV - joint venture-agreement. 

Demonstrate to the client that you as an agent and  understand contract engineering - how to write in the clauses to protect your client and how to control real estate and to be knowledgeable of creative financing; check funds, delayed settlement, options, possession, auctions, subordination, substitution of collateral, mortgage discounts and hybrid offers as well as joint ventures and liquidation by auction without ownership.** As a new agent - (write this now) your best client is YOURSELF - represent yourself - get out there and in the market - look at 20-50 buildings (houses, commercial, businesses with real estate, lots and land) - know more about your local market (and sub-markets) than anyone else in the area - you need to know the estimated value of properties in your marketing area - (if someone gives you a street name - you should be able, off the top of your head to know the value) be the most informed of zoning changes, tax sales, foreclosures, auctions, the county's master plan, study expired listings - talk to real investors (not those turkeys who just took a GET RICH REAL ESTATE COURSE.Buyers and Sellers are liars - they will waste your time, eat a hole in your wallet, run you around, make bad offers, call you at all times of the day and evening - they will be demanding - you don't need to baby sit with people who can't make a wise decision!