If your IRA receives an equity portion of profits from the business, it will likely have tax liability via UBIT that would be detrimental.Owning income producing real estate or interest from lending are passive activities not subject to UBIT. 

I am a very active realtor in both the Kansas and Missouri side of the CASEY metro, and I frequently work with local and out-of-state investors, helping folks find small multi as well as STR compatible homes.

We're actively scanning and analyzing all properties in Augusta and definitely finding some great BRRRR opportunities.

I always advise to run a business for 3-6 months without an entity to see if it something you are making money in and something you want to continue doing.Once you have 3-6 months of activity, you have more information to provide to an accountant regarding income so he can provide suggestions on entity type.Best of luck

However, I’m actively managing my investment, taking on risk, and improving the property, which has significantly increased its value.

By offering real value in a way that has high demand, I’ve been able to build strong relationships with people who are actively doing deals.

@Marcus Retter welcome to BP.It's a great community.I've been investing in Albuquerque for 10 years, and you can find some good deals there.Personally, I live in Santa Fe.There are several active Meetups that you can join to get around to other investors.Networking is really important.Get out there and make connections with other investors; that is how I got started. 

Keep watching the market and align yourself with people who are actively buying, they will have their fingers on the pulse of what is going on. 

Important note, it takes a lot of reps to be self sufficient as an agent so you will want to join a team of active agents that can help you through the process.Please feel free to shoot me a PM if you have any qs - happy to hop on a call to chat you through it!

I see off market properties weekly, talk to investors both new and seasoned daily and I am actively buying myself.