Well, three top reasons come to mind:It will allow you to deduct their earnings on your own tax return.It is required by law for any person to whom you paid at least $600 in 2023, total.

Real estate is easy to get into, but hard to earn a living. 87% of all agents quit within two years because they don't make enough money.

Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing. 

But 2025 offers other opportunities that did not exist 10 or even 5 years ago - think AI and online businesses.

It’s not necessary to stay local for these services as long as you have online bank statements or a solid way to get them to the bookkeeper.

Additionally, I have $100,000 in cash in the bank, and my monthly expenses for my home and family are around $3,500.My wife earns between $100,000 and $120,000 from her W2 job, while I've recently lost my job but found a new one that pays $65,000 a year.

My number one piece of advice is finding a group that you can attend online or in person to keep you motivated and accountable to your goals. 

I am trying to look them up and I don't see any reviews on line and nothing with the BBB. 

I helped around the house, helped them with getting around, running earnings and making dinners.

My recommendation is before chasing all these real estate deals is to go earn and save some money so when a good deal comes a long you can take action and move on it.