These tax deductions do not require you to become a real estate professional.

If you announce to people there that you are a private lender, you'll have a lineup around the room to talk to you.  

Would an attorney be needed or another professional?  

This is an example of private lending which is different than the IRA owning real estate and does not trigger UDFI/UBIT tax.

If you are a Tax professional, please feel to reach out.Thank You.

Quote from @Karen Smith: With more investors turning to private money lenders for faster funding, what benefits have you seen from using private financing versus traditional bank loans? 

We use a combination of HML and our private investor network.

Quote from @Greg Kasmer: Quote from @Rene Hosman: If you had one question for a professional Syndicator, what would it be??

I suggest you enter private money goldmine in search botton at top right of the screen and read the previous posts....here is one that gives good perspective as well as a link to legitimate private lenders.http://www.biggerpockets.com/forums/92/topics/1488...

@Dan GroveAs a private money lender I agree with Nicholas' sentiment.