They are each entitled $1,000 per month until all of the money has been distributed.

If that is not an option, another technique is to place your offer in a Land Trust (call it the address Land Trust) with you as the Trustee and your company as the Beneficiary.After you hae the property under contract, you sell the Beneficial Interest in the Trust as your profit.

Sophia Maler Jon is correct however I have been advised that you can distribute property out of an IRA and pay the tax on the appraised value. then you can do anything you want with the property.

The income (or loss) will be distributed to each of you.

He should buy form a manufacturer or local distributer.

Try to focus on 1 area and technique first and put it into action rather than soaking a lot of information and getting frozen in your tracks with information overload.

Pay yourself a reasonable salary and take the rest of the profits in distributions.

I would emphasize about your skills (if any) and bring that up.Read up on some creative financing techniques and come prepared to present them in the best positive light.I would say, dress conservatively as you go around looking at properties.

This also means you should list the specific properties.To see and prepare for the joys you might be in for, here’s the Passive Activity Loss Audit Technique Guide direct from the IRS.Jeff

The answer is you don't.I invest in real estate using a technique called "The Sandwich Lease Option" which allows me to invest in real estate with out using any cash or use of my credit.