Here are the advantages from my perspective, as I just went this route.Use your 401k to invest in "active" real estate businesses (rehabbing, home building, property management, wholesaling) without incurring trust tax on your 401k (a 40% rate after active income hits about $12k)Avoid taxes and penalties that would be incurred if the funds were withdrawn from the 401k.The C-Corp can borrow from a bank on highly favorable terms, and the business owner is free to provide a personal guaranty (in this case, the guaranty is not a prohibited transaction)The C-Corp pays you a salaryIf successful, you can eventually buy out the 401k and convert to an S-Corp, which would be more tax efficient.This may be the only viable way to start a sizable real estate operating business!

Perhaps later I'll start a new thread to log my experiences...the OP of this thread looks inactive and the typo in the title is getting to me ;)

And I have an inactive license, that I never really used.

@Ann Newburn all real estate transaction that require a real estate agent do in fact have to be through a sponsoring Broker... unless the agent you are referring to is actually an inactive agent and not currently practicing real estate, then you would be correct.

Very few people want to live next to a train track that is in active use as the trains are loud and disruptive and can also cause vibrations which in extreme cases cause dishes to rattle.Only buy it at a price that is reasonably below the resale price.

Try the Club in Action in Burbank or the InvestClub for Women.

I recommend reading through this site and listening to the podcasts.You might want to start here:Where to Begin: http://beta.biggerpockets.com/real-estate-investingAnd you might find the following podcasts helpful:Getting Started in Wholesaling: http://www.biggerpockets.com/renewsblog/2014/05/22/bp-podcast-071-lead-generation-phillip-vincent/Overcoming Inaction, Direct Mail and Successful Wholesaling:http://www.biggerpockets.com/renewsblog/2014/04/24/bp-podcast-067-tim-gordon-wholesaling/Flipping and Wholesaling Homes While Working Full-Time:http://www.biggerpockets.com/renewsblog/2014/02/20/058-flipping-wholesaling-homes-working-full-time-justin-silverio/I would also like to invite you to the upcoming Washington BP meet-up with @Brandon Turner .

I am currently an in-active RE agent in AZ seeking to get back in to the industry.

Point is, you can not disclose your way out of liability or in acting in good faith or in acting prudently.

Interesting article I found last night, brings up a thought I have often about the difference between being in motion versus in action.