Joe Bacillus owns Bacillus$$s Italian Restaurant. A friend of Joe$$s who owns a sports bar comes to Joe and wants to form a partnership with Joe to buy an old building, renovate it$,$ and then move both the restaurant and the sports bar into it along with other tenants. Joe would like to make this investment. He needs approximately $$200,000$ for his share of the buy$-$in of the partnership that will purchase, renovate, and manage the building. Because of other recent large expenses, however, Joe finds himself short of cash at the present time. His only large liquid asset is his self$-$directed IRA, which currently owns $$225,000$ in stock and bonds. Joe proposes that he direct the IRA to sell the securities and to use the proceeds to invest in the building renovation partnership. Conduct appropriate research $($including an online search$)$ to determine if Joe$$s plan is workable. Prepare $($in good form$)$ a research memorandum to the file.