I talked to the company holding the ira and I don't have to pay the 10% penalty.   

*This post does not create a CPA-client relationship.

With all that considered, if I had just been trying to flip the houses I don't see much profit in either one once I pay commissions to sell.  

Dear friends, I have been receiving inquiries from insurance company, temp housing company, and random clients in FF asking for the exact address of the house, then I don't hear anything back after I gave out for a few times.

Does this enable us not to pay capital gains tax?

I'm trying to determine if the solution is to make Operator an (s) corp or if that still unequally benefits the single owner because I'll have to pay myself an acceptable wage. 

The lender explained that the standard carve-outs include committing criminal activities on the property, failing to pay property tax and failing to purchase insurance for the property.

This means I would take over the loan and pay 2k/month on top of needing to come up with 280k.

Most homes that I have seen which use a less open floor plan tended to be very expensive ones where real entertaining of clients and the like was a consideration, and curiously those people tended to have formal dining areas where you could not see the kitchen sink…

Don't get me wrong, there are some great VAs out there, but you have to find them, train them, monitor them and pay them well for them to produce anything above mediocre results.