Wait until you're filling cavities for civilian kids to get your real estate.

Ed Nunno - it can be any or all of the above because it depends on the bank and how they operate.

From the Act, an Operating agreement is (emphasis is mine) "Any agreement, written or oral, of the members with respect to the affairs of a limited liability company and the conduct of its business that is binding on all the members.

Has worked out good so far.In my area, I get shingles from Wimsatt, Square Deal, or Allied.

Or all over the city?

First house I bought at a State Dept. oral auction.

The courses offered in my area are:"How to Invest in Real Estate"-basic introduction including foreclosed property (8hrs $148)"Principles of Landlord/Tenant Law-covers oral and written leases, landlord and tenant law, breaches of leases and eviction procedures, as well as specific laws (such as escrow-deposit requirements) for PA (3hrs $45)"Real Estate Fundamentals"- covers language, principles and laws that governs real estate.

If most or all of your income comes from an activity and you actively participate in the activity, you are probably in business.

Do you do some or all of your own?

Then consider how your business will operate, what you might do, take on partners on a deal or all deals, just map it out.