This is likely an unrealistic example but it demonstrates how selling your interest in the LLP can affect you tax wise.When you sell an interest in a LLP, you may have to recognize ordinary income regardless of how long you have held the units.

This is an unrealistic scenario.You could work with a partner in the states, but you would need to be bringing something to the table. 

Are my expectations of finding a house where I can 'live for free' unrealistic, or do I just need to work harder to find the right deals?

You state that the majors really in good shape but you know that it is unrealistic to not plan to replace the furnace, water heater, roof, ect ect.

Due to dealer license regs in my state (OH) that are unrealistic for me to satisfy, I would only be able to sell 4-5 homes per year.

I'm really sorry to say these things, but there are FAR too many people that have given unrealistic advice to this kid.

I spent less than $100 total before getting started, so you don't need to pay a ton.Sometimes the promises of a guru or system are unrealistic and the cost can be very high. 

I'm looking at Scottsdale and the condo costs are unrealistic long-term, so I was thinking of a vacation rental home not far from the airport.  

I think I did a petty good job of not telling her off, mainly because I am polite enough not to fight with an elderly woman Realtor.So to reiterate, am I being unrealistic or wasting the Realtors time ???

I currently make an additional $10k on top of my original salary from a couple years ago, yet I find myself pursuing my motorsport plan to be unrealistic at a $70k salary level.