;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R

I like the idea of helping out a community that I have lived in for 20 years and as you can imagine, "fair market rent" in this city is a very hot topic with many tenants that have a retaliatory attitude towards landlords.

I do this to avoid any kind of fair housing violation claims.

Sounds fair.

Your input will help us understand what is or is not a fair deal.Thanks!

Last thing a judge wants it to be on the local news for kicking someone out of their own home, judges here run for election, they have to try and give everyone a fair shake.

My initial study showed fair appreciation and healthy rental proposition.

Example:Tenant 1 -Applied first Has fair creditNo background issuesSome history of late payment.Tenant 2 -Applied secondHas Great creditNo background issuesNo history of late payment.Am I obligated to showing the house first to one tenant over the other?

Place the tenant yourself if you have experience and know fair housing laws.

You should determine every single expense that the property will have and figure out what is fair market value is when underwriting every deal.