That is a good thing, because equity participation in the profits of a flip - which is a trade or business - would generate UBTI if the activity is conducted with any regularity. 

If that wasn't done and the split is an amicable one, then presumably a buy out is negotiated among the participants which can be structured as the parties see fit.

@James WiseThat’s great bro but I said “anyone else” as an invitation for other people to participate with their experiences!

Or do you participate in the rehab in more of a DIY way as well?

It's their house, and they can choose to sell it however they would like.The language from the policy is below:Section 1.3 Exempt ListingsIf the seller refuses to permit the listing to be disseminated by the service, the participant may then take the listing (office exclusive) and such listing shall be filed with the service but not disseminated to the participants.

This is not for a house hack, I am living in my first home, and I participated in my local gov'ts 'first time home buyer' program.

Proc. 2018-58 allows participants in a section 1031 like-kind exchange to extend the deadlines for identifying replacement property and completing transactions “by 120 days or to the last day of the general disaster extension period authorized by an IRS News Release or other guidance announcing tax relief for victims of the specific federally declared disaster, whichever is later.”Taxpayers have pointed out that applying the “whichever is later” language means that some section 1031 deadlines could get extended beyond the July 15 due date set in Notice 2020-23, and are wondering if that’s what the IRS intended.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

Most commercial leases are for flat, fixed amounts and the only time you'll see a participation rent is when the business is new and the tenant needs to get established in his cash flow.

AirbNB  likely just had tens of billions in valuation wiped out  from their eventual IPO  --.. ( think WeWork IPO ) Oh well you snooze you loose , I know there was ' talk  ' of possible shares being made available for Hosts - but I highly doubt that would ever have happened , too much paperwork, none of the other service platforms like Uber Lyft ever gave participants any shares and their investors would never allow it..