An alternative way to solve at least the first problem might be a bridge lender, and I'm open to consider this but so far have hesitated as I've believed that the terms would not be attractive- With my Roth IRA LLC, I originally thought about doing more buy-and-holds (with non-recourse leverage) or continuing to flip, but neither of those seems so attractive given UBTI / UDFI implications.

IRA stand for Individual Retirement Arrangement and are assigned to single Social Security number.

In fact if the tenant is getting regular social security, pension, or other payments they may be able to consistently pay their rent better than say a person working a seasonal job.

One some of my cheap apartments I can approve people with less especially those with social security or disability checks because they generally pay no taxes and often get other benefits that lower their cost of living (ie food tamps and "obama phones").

When I read this one to my wife, she said that here, if the kids are minors, you could call social services (child protection) as the parents are not providing proper supervision.

In general, I consider myself a social person.

Hey guys,

I had a question about how to account for end of the year taxes when dealing with partnerships/joint ventures. If the Purchase & Sale Agreement specifies that the parties involved would be the h...

Social status, preference, or what?

Tried Google and couple of "find people" sites and nothing turned up, no facebook or social networking profiles, and whatever found still showed property address which is now bank owned for over 6 months as current address.I would like to talk to him to get the inside scoop of what went on.

Make sure you investigate the franchise taxation implications of using this type of arrangement.