@Jonathan DragoAbsolutely not.You and any business you control are viewed as a disqualified party to your father's IRA.  

I once for a short period had two agents working for me, nothing but problems, telephone calls from other brokers telling me to get my agents under control because they were saying things that were just wrong. 

I am hearing rent control.. lack of obsortion, platted vs non.each state and probably county has different rules. lawyer who specializes is good.Plus a very long talk with a local city planner that is free

There is no rent control.  

Besides the fines and legal expenses, you'll have the matter of your money being lost in that contract, loss of collateral is another issue. 

Remember you don't have to own a property to control it.

Ok so me and  a jv partner have a agreement on which profits are split 50/50 i get the deals and do the foot work, he does all the paperwork and funds if he has to..we've closed 5 houses together..the way we got these houses was from my website or people replying to my craigslist ad..so im stuck right now on what to do..theres no income or activity going on and i need more money and want to work more but still only 1 yr old in the business and dont know what i should do..how or what should i do until the next person emails or calls me from replying to craiglist ad or from my website..should i be searching preforclosures in my area and find the owners and asking if they want help to save their credit and get houses that way..or should i be searching around zillow..craiglist...other wholesalers and looking for deals that make sense ..or what else is there i can do cause im sure everyone will say those 2 things i should be doing but whatelse can i do lol..just confused and lost and need guidance..tryin to not ask help from my jv partner just cause they have a million things to do and my problems is not one of them i want to add to their list. thanks guys for any help

I train students all over the country and its just helpful for you to be licensed.Ohio, Florida, and California, it’s really important to hold a Real Estate Sales license doing seller financing.The Department of real estate estate is aggressive there in those states.Finding a real estate broker that you can work with isn’t easy, because they like to be able to control your work behavior, but there’s many places that will allow you to hold your shingle, meaning your license, and you have the regulations covered.2.

Remember you don't have to own a property to control it.

Even the person in 1st position lost $.