She just has to find out the loopholes.

Originally posted by Charles Perkins: Staycations over vacationsI think the same point can be made here that I made for spending instead of saving.Originally posted by Charles Perkins: Higher taxes for the Rich :crazed: Yeap....and the "rich" will keep getting defined downward and many "loopholes" will get closed so that people in Washington can confiscate our money and run our lives for us.

If you want a deep dive, I would recommend Garrett Sutton's Loopholes of Real Estate.Don't feel as though you need to be an expert on the topic in order to form your LLC.  

Thanks Michael,@Ryan Lam yes if you dont have 2 year employment thats fine one loop hole is that you can use university transcript/diploma and time you spent studying in higher education as "2 year employment," history as long as the field you studied and the job we're working in now are "similar in nature."

The loop hole you could look at if you wanted to go down a rabbit hole but would own all the land would be creating an air park.

If I were syndicating 7-figure real estate deals in Manhattan or Boston, I don't think I'd worry too much about the screening loopholes for my tenant base, either.  

In fact, with my IQ of at least 1, let me say I think that paying property taxes en masse is essentially the loophole in not paying other taxes, including income etc. 

Actually wholesaling is just brokering with a legal loophole so you don't have to be licensed. 

There are "loopholes"  and you need to be aware of them if you are going to contact someone on the DNC.  

Fortunately, I took advantage of a tax loophole that is now closed allowing me to declare myself financially insolvent (which I was at that time), and avoided bankruptcy.