In the property management world we're required to accept the regulations as they are and keep our owners and properties in compliance.

You also must remember that while in the beginning transaction might be structured in compliance with the rules there is always likelihood of it leading to prohibited transaction in the future because of disqualified person's involvement.Once you have your personal funds and IRA funds in the same deal you are now opening a “can of worms” and the burden falls on you as the tax payer to proof that there are no personal benefits from your use of the IRA funds, and IRA did not benefit from the use of your personal funds.

Since you personally are still obligated on the mortgage, it will not trigger due on sale

Hi All,I am hoping to pull the trigger shortly on a 2 family property.The property would be purchased in my personal name shortly that I have made an offer on.In terms of insurance.What kind of insurance coverage should I get to best protect the property and also to shield my self personally?

Finally going to pull the trigger and get into RE investing.

Write it down make it clear and create actionable steps with trigger dates to keep yourself on track to reach the goal

I am ready to pull the trigger on purchasing a home a flip as I have done my homework and think I am prepared to begin but obviously there is much more to learn by doing instead of just reading. 

That should not void your homestead protection nor trigger a reassessment.One think you may consider for estate planning is to do a Lady Bird deed of your property to your living trust to avoid probate.

Absolutely wait....so the rest of us can buy with 1 less buyer in the market.Always remember the best time to buy was 5 years ago. 5 years from now, you will wish you pulled the trigger. 

I think the continuous ‘tech gentrification’ will continue to keep California wealthy and growing, until the innovation mindset/environment can be replicated elsewhere (many think that remote working efficiencies triggered by the pandemic can lead to that).