That's about the only thing you can do that avoids taxes for the IRA, as far as actually owning real estate.

Commuter location or a central location?

Get the lien release at final payment from ALL contractors and ALL subs.Also, it is YOUR responsibility to make sure these contractors and subs are licensed (meaning you need to check with your state licensing board to make sure they are active and current) as well as insured (ask for their insurance evidence, including workers comp.I only pay progress and I personally like to buy materials myself and avoid the mark-ups.

This is all in the planning stages still, but in this scenario I think I want to avoid a C-corp because I know next to nothing about them at this time and what I do know makes them seem more complex than what I want to deal with.I really appreciate the responses by the way.

I believe that they are extremely experienced rehabbers and know their market as well as anyone, it's more of a matter of how seriously they are going to take the partnership and if they are going to take the time to work with me step by step on these deals.Anyway I'd like to hear any thoughts as to how I should approach this or if you think I should just avoid this right off of the bat.Thanks!

I wanted to have a Maui "Cruiser" that I could leave on island to avoid the extra expense of rental car...but the owners charge $15/day for parking onsite.

Avoid language that the buyer "promises to pay" and similar verbiage.As for the ability to purchase prior to the close of probate, this really depends on the state and the powers granted the PR (personal representative) and the point of time you, as buyer, wish to complete the transfer of title.

Ad said ...............................In reality"ground level" actually, it is half underground level(half basement),"central AC" you need to ask landlord to bring you a WINDOW unit,do you have a phone jacks?

Think about it...this is what we do...and we avoid our home State!

The listing agent isn't the one accepting the offers.That being said, I could see how this would be a problem that HUD would like to avoid.