I think it would be fascinating hearing his side and the reasons he thinks certain things are legal/not legal.But yea this is one of the massive issues in real estate - people who should know rules/law don't and those who think they do get the rest of us in trouble by doing sketchy things.Appreciate the back and forth - You're in my area so I'm sure we'll run into each other at one point or another.

I can go on and on about the changes which I find very fascinating but it will be chapters instead of a few paragraphs.

Real Estate has always fascinated me, the possibilities and potential are incredible.  

The variety of different personality types, investing styles, specific niches, is all so fascinating to hear.

This is a fascinating case, where all the requirements surrounding the Material Participation requirements are discussed. 

Hi All, I have a fascinating project that I believe is a goldmine.

The idea fascinates me and I definitely want to own 3+ in the future.

The market displayed every classic symptom of a mania; the progressive narrowing in the number of stocks going up, the nationwide fascination with the activities of Wall Street, the faddish implications of a new era, the suspension of every conventional standard of financial rationality. and the rabble enlistment of an army of amateur and ill-informed speculators betting on the basis of rumors and tip sheets.By 1929, anywhere from two to three million households, one out of every ten in the country, had money invested in and were engaged in the market.

Really fascinating stuff.

Now that you have a taste of the business you will be super motivated, fascinated and excited to do your next deal.Keep going and you will be amazed at what you can accomplish!