Repeated quick flipping of houses, short term rentals (a services business), certain venture capital and things of that nature will generate UBTI.Passive forms of income such as interest, dividends, royalties, rent from real property, and the sale of an asset held passively over time will not produce UBTI.

Maybe he is royalty and doesn't have his man servant with him?

If you join, make sure you get a part of that platform. eXp agents can invest in it too for royalties. 

This rule applies only to the part of the residence not used for a business.Highearner: If you are a high earner (Singles with modified AGIs over $200,000 and couples over $250,000), then take these steps to limit the sting of the 3.8% surtax on net investment income: taxable interest, dividends, gains, rents, annuities, royalties, passive income and such.If selling property, use an installment sale to spread out a large gain.

I think Hong Kong has been haemorrhaging value lately and I live in London so can share some numbers I was just running today because we are deciding whether to do more property here or in the US:This compares our area of London to some super prime areas: N1 / Islington which might be like Cambridge or Somerville and Kensington which is like Beacon Hill or Back Bay or maybe even higher end e.g there are oligarchs and Royalty.

As a matter of fact you're in the Oil industry and would appreciate this - Working and royalty interests also count as like kind for regular investment real estate. 

Too many unknowns. do not like royalties/condo fees.

Currently there are also checks coming in for fracking royalties, though I don't think it's very much and I'm not sure how a new owner would impact that.We were just trying to come up with additional ways to maximize the profits of the property if possible.

SVC makes their money off of the income/royalties (call it what you will) from their franchise stores, So it is in their best interest to have as many as they can.  

Neither they give a break in royalty or advertising to combat slow sales.