The new law in Oklahoma for wholesaling activity called "Predatory Real Estate Wholesaler Prohibition Act"states  that an equitable interest (a wholesale or assignable contract) can not be PUBLICLY MARKETED as shown below.

This is why it is important to look at the market regularly and maintain an understanding of what prices are doing.When you are actively marketing a home, I recommend looking at the market every day or two.

Now with Covid we do not even travel to the U.S. so will use Facetime to see the progress I also get reports on our internal system for all my our  contruction activities.

When the syndication is sold in future years, are the gains, depreciation recapture, and distributions also taxed as active income?

If there is an active loan or lease, I've heard it has become a nightmare for listings.

While I've been able to get out of my W2 after acquiring 30 properties, I've learned that you still need to generate some sort of active income unless most of your doors are completely debt free.

The problem is NOT the use of remote entity as any fraudulent  activity will fall back on the individual performing fraudulent acts.  

(Or a lot if you're dealing with a scam turnkey company, of which, unfortunately, there are a decent number.)BRRRR is much more active, you buy a fixer as you note, oversee the rehab yourself and then either manage yourself or find a manager for. 

If passive investing appeals to you, real estate syndications or REITs diversify exposure without active management.Best regards, Stevan

Sports stars earn $10 million in five years, then wind up on skid row.