Taking it all out and something goes bad before the 60 days and you can't return it......Happened to us but slightly different scarenario (sp intended) the 401(k) rollover was correctly done but incorrectly documented/recorded.

I once got a GFE where the person wrote in an incorrect date to charge accrued interest from, and the total came to over $2,000.

He who has the least debt is the most competitive.Personally, I disagree with these statements...at least in some circumstances...The first statement is mathematically incorrect.

Putting contingencies in your offer so that you can abort if your information is incorrect is something that you should do.

My full time job does give me a unique insight into building failures and I also get to see what contractors screw up, or install incorrectly.

Or am I approaching this incorrectly?

except one house, all others have hardwood floors. i have never given bare hardwood floors to any tenant because i am afraid they will mess it up more than the carpet and i'd just have to replace the hardwood.is my thinking incorrect?

Those folks, likely do not understand the quirks because it typically doesn't affect their livelihood.

ROBS stands for rollover as business startup.Over 20,000 ROBS have been funded to date and fortunately the IRS has published guidelines on ROBS.October 2008 Memorandum:First official publication where the IRS formally addressed the ROBS arrangement;IRS confirmed that these transactions may be not challenged as “non-compliant per se”;IRS summarized the steps involved in the ROBS transaction; andIRS identified compliance pitfalls including the failure to file the annual retirement plan form 5500 tax return, the failure to file the corporation’s tax return, & the failure to obtain an annual valuation of the plan’s assets including the investment in the corporation stock2009 - ROBS ProjectIn 2009, the IRS initiated a “ROBS project” to define traits of compliant ROBS plans and in doing so acknowledged that a ROBS transaction can be conducted in a compliant manner. 2010 – IRS Telephone Forum In a 2010 telephone forum conducted by the IRS, the IRS’s Director of Employee Plans Examinations Office and the Area Plan Manager stated that ROBS transactions are not “abusive per se” and that “you can have a textbook ROBS that is pretty much problem-free.”Fall of 2010 Retirement News for Employers: Brief SummaryThe IRS confirmed that the ROBS transaction is not considered an abusive tax avoidance transaction;The IRS confirmed that it does not protect business owners (also known as the plan sponsor) from incorrectly administering the retirement plan;The IRS confirmed that if the rules are not followed the retirement plan will be subjected to adverse tax consequencesFebruary 2013 Employee Plans Compliance Unit ROBS Project: Brief SummaryMuch of the same information contained in the October 2088 Memorandum was published in this summary; andThe IRS again confirmed that ROBS is not considered abusive transaction.

I think may folks incorrectly look at improvements as increasing value with the wrong mindset.