Thanks for the help with the Trust companies in Canada that will administer private mortgages in TFSA and RRSP - appreciate it!

FINCEN will administer this.Who is Included?

In short, anyone can start a 1031 Exchange Qualified Intermediary and begin administering 1031 Exchange transactions.

Purchase Price: $85,000Rehab: $5,000Loan Amount from Fund (AAA): $90,000Interest: 9%P&I: $724.16ARV: $145KLTV: 62%Sales Price to New Buyer: $145KInterest: 9%Down Payment: $15KAmount Financed: $130KP&I: $1,046.01CashflowDown Payment: $15,000Monthly Spread: $321.85Backend at Refi: $38,352There will be costs to administer the Fund but it's manageable given the upside, particularly at scale (I've done a full proforma with those costs in mind).

I don't know if this is your first ground up construction loan or not, but I would ask about who administers draws for the loan.

You'll need to roll it over to a custodian (a company that holds and administers the IRA).

What is interesting is the property is not in probate because there is no administer and it is within the purview of the BK court (converted to Ch 7 from Ch 11).

The upshot of all this is that a 401k plan can still be 100% compliant even if your "administrator" stops "administering" it.

Toledo's Lucas County Metropolitan Housing Authority...LMHA which administers the Section 8 program seems to have had a difficult 2016 and 2017 doesn't seem much better.I've been renting to Section 8 for seven years now, I still have my original tenant in fact, and normally I find great satisfaction in renting to good tenants and working with the bureaucracy that comes with a government program...I had 10 properties rented section 8 at one point and have slowly prioritized standard rentals over the program and now am seeing blatant issues with their operations causing me to move away from considering their tenants.Delays in the program: We used to have 5 business day's delay for new-tenant vouchers to be reviewed and processed for inspection but have been going weeks before we hear anything.

BUSINESS//LOCAL BUSINESSSan Antonio trustee wants ‘Queen of Mobile Homes’ bankruptcy case tossedPatrick Danner, Staff writerAug. 16, 2022Updated: Aug. 16, 2022 4:26 p.m.2The trustee administering the bankruptcy estate of Chimene Van Gundy, the self-described “Queen of Mobile Homes” and “the Mobile Home Millionaire” accused of running a Ponzi scheme, has asked a judge to toss her case.Chapter 7 trustee Randy Osherow filed the motion to dismiss the liquidation case on grounds that Van Gundy has failed to comply with her obligations under the bankruptcy code.If dismissed, litigation against Van Gundy that had been paused since her April 27 bankruptcy filing would be allowed to proceed.Van Gundy, 46, did not appear at a creditors meeting conducted by telephone Thursday.