A Master Lease is not a loan (as long as the master lease is not long term with a declining balance, thus a disguised lease), the net income to your IRA is not subject to debt financed income tax.NegativesTaxes: When you exercise your option to buy and simultaneously flip the building, you haven’t been in title long enough to qualify for a long-term capital gains tax treatment. 

In theory, they should gain full divesture within 6 months of request to divest.Like most funds, the investors will invest into an LLC that will be managed by another entity.Questions:What body of regulation would this fall under?

Right now I am enjoying absorbing all the info here on BP.It seems like I can gain the most ground financially with more units, perhaps a quad is the best choice if I can find a good deal.

We just sold the house last year and was able to gain some profit.

As an agent, I do not cold call.... there are many other ways to gain business.  

Banks have to foreclose on property like this in order to gain title re-sell it.  

I am excited to gain as much knowledge as I can from you all, and look forward to connecting with as many of you as possible!

There is a tax exemption on gains up to a certain value (maybe $500k) on selling a personal residence.

@Ralph Justiz I was laughing about how this was gaining traction so much later!

3) Depreciation recapture - Same example as #2, but I actually make a $100K capital gain on sale.