I just recently read, after my initial post, that meals with clients are 50% deductible if not "lavish" in price. 

@Brad Kanouse,If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

I dnt want this to happen to other landlords. 

This makes sense, but what do we think will happen to these properties once sold?

Think of this similar to how you would invest in Apple stock.

Hi everyone, I recently purchased a house and have no idea how I renovate this bathroom.

You really do not want to add to an IRA that has a SEPP in place.An IRA holding real estate is treated no differently than an IRA holding other investments when it comes to this program - other than you needing to manage your liquidity requirements a bit differently to meet the distribution schedule.

Appreciate the help. 

Hopefully that helps answer your question. 

You'll also have some builders that this may be the tipping point for them to not build new units in the area and go somewhere else.