Its interest income - unless you wanted to run it through a C corp but then you pay corp tax first.Other option is to use a deferred retirement account. 

She runs an organization that helps homebuyers in a 7-county area around Peoria and she's an investor as well.

My understanding is the key is to keep separate bank accounts and financial transactions.

I aim to allocate a small amount of funds toward a Roth IRA and a high-yield savings account (HYSA).My current job offers limited opportunities for overtime, so I’m exploring side work related to real estate, such as part-time property management or similar roles.

Hey @JorgeMagana we had a great experience with them, The change in accounting and amended return cost us around $2k so we ended up getting a check for almost 30k. 

Account ClosedI'm not overlooking anything.

Assessing how critical this location is to their expansion plans is essential.The Investment Considerations Lease Expiry: With five years left on the lease, your strategy should account for potential vacancy risk.

Vegas can be a good market depending on your investment goals, especially for short-term rentals, but it’s important to account for stricter regulations and higher property prices.

Always a good idea to include a tax accountant in your decision-making process. 

My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts.