@Joey English  fair enough  I did not read it the way you just explained it.reading your blog it conjured up a picture in my mind of some folks that you needed to talk to in a first grade level and how to do that... then you did a transaction that if they would have been thinking or represented by council or Realtor they would have at least charged interest.if they deeded the house to you on a zero interest note.. then they will owe imputed interest to the IRS I somehow doubt anyone informed them of that fact..

Try the Beach Bum IPA, my favorite, mosaic hop delivers grapefruit flavored finish perfect for hot summer months here.Im out again in August, lets try to hookup then.

Or IRS?

Nothing beats being able to hop in your car, take a short drive and put 'eyeballs' on your investment.  

Recognizing the huge increase in home-based offices and businesses, the IRS even simplified the deduction in 2015 to allow more at home workers to claim it.

Am I using the price as if Id purhased new or do I have to use some generic comp number that the IRS has oayed for suh situations?

Here is what the following IRS link specifically lists. https://www.irs.gov/retirement-plans/plan-sponsor/...IRS Language“Trusts and trustees. 401(k) plans are funded through a trust established to hold and invest the plan’s assets.

Also sales tax part can get IRS interested. 

(Note: an S Corp is not an entity per se but an election to be treated differently by the IRS). 

Be sure to hop in on discussions and ask questions, that's the best way to learn more and meet other local people in the industry.