The property is a quarter of an acre in a decent area, and appraised at 96,000 according to GIS.

LLCs are not recognized by the CRA and are liable for double taxation.  

If you flip on a regular basis (vague term that gives the IRS flexibility to determine if you are materially competing with taxpaying businesses), then UBIT would apply.There is no regular taxation to the IRA, so no income or self-employment tax.  

First, one of the side-effects of owning RE is ability to control and alleviate exposure to taxation (talk to Brandon about that).

My loan officer contacted me yesterday and asked me if I would be willing to pay a quarter of a point to move my interest rate from 4.625 to 4.5.

Then I'm looking on my states assessments and taxation website to see who purchased the house.

David Greene is actually coming in this winter to speak at my quarterly investor luncheon. 

I started buying in 2010 and aquired a property roughly every 10 months or so through the third quarter of last year.

Real estate taxation is a vast topic, and it can take countless hours if you get into podcasts and blogs.

The reason I prefer this have to do with taxation.