Generally, all passive income in an IRA would be sheltered from taxes, however if you are using leverage then portion of the income derived from the financed portion of the property would be subject to Unrelated Business Income Tax (or UBIT).

Like Mija noted, they cost real money and time to maintain, and I simply was not deriving enough value from either.I had no intention of GC-ing jobs for clients, which is about all it would have allowed me to do that I can't do already.  

This is easier said than done because passive investors don't really hang out on free platforms because they prefer their privacy, don't derive any value from talking to new investors, and are busy living fulfilling lives ie family/job.2.

While he may not have money to invest...there are multiple ways he can still derive income from real estate. 

It is a well derived scam.

How a business derives its cash flow is the basis of how the loan is classified.

About all you can do is show them how you derived the values you have, but this seller obviously isn't motivated (not suffering enough distress).

Just because the true supply of Bitcoin is very stringently determined (one new Bitcoin mined roughly every ten minutes, no matter how many people are actively mining) does not mean that someone cannot extend the derived supply of Bitcoin through the use of debt (think fractional reserve banking).Crypto is still too volatile to be money. 

These self employed 2nd mtg's are typically based on alternative method of caluclation like profit and loss statements if you're self employed or the last 12 months of bank statement deposits using a formula to derive an income from these deposits (like 50% of all annual rolling 12 calendar month deposits X 50% /12 months = monthly income).

This is derived from the amount of equity we can contribute as the sponsor and the amount of equity we know we can comfortably raise in a 90/10 structure.