If I could live where I want and still get some extra investment revenue that is AWESOME.

Me that is commercial real estate and owning some potential businesses.My main revenue generator is my commercial brokerage business.

Education that allows you to expand upon current skill sets and bring more revenue/profits to a business can potentially be deductible.It generally does not matter how you hold your real estate (inside a retirement plan or not).

Anyway I'm making right around 550 a months after expenses, in the mean time I was working in a restaurant that I opened with my friends, I owns about 30% of the restaurant and I make right around 8000 a months from revenue and salary, I was working around 70 hours a week.

You would still have to give a personal guarantee until the LLC builds its own credit through generating revenue...If you are going to get do a flip with hard money, then you would need an LLC in most cases.So, you need to start with building a plan and worry about LLC's down the road when they are needed.

Or admit more students, both of which increases revenue. 

The condos at Sunset on Stock Island rented very well and came with a slip you could rent at that time for addl revenue or rent as packages to weekend warriors.  

I am graduating next fall with an engineering degree and I plan on working as soon as I graduate. I have been able to save ~$24,000 from my work from the past 6 summers. Some of it is already invested, but I would lik...

If you want to continue to generate income that way then I'd tell her that she can continue and that you should be paid a % of the revenue that comes in but she has to manage everything for you, or else she has to move out. 

Since there is more tax revenue from them being an employee those entities have tightened the tests they use.