yes you can, in quiken they are called Tags, you can tag the property and then each room or unit if you want to track each one

I get emails from wholesalers all the time, re pumping a property with a new lower price... seems like they are sending out the first one with a hail mary fat profit to them price, and then dropping it every week... 

That said, if you have can out an agreement in writing and you have open books and can show a portfolio of similar successful projects a good agent might be open to that arrangement as part of a compensation plan.An agent can absolutely have do profit share on a deal, at least they can in Florida.

I think there are 3 main reasons:Financial ignorance: most people I know are happy to follow the 401k path to wherever it leads and worry more about where they are going to go on vacation that year2) Laziness: RE investing is not something that can be done well while sitting in front of your computer and just clicking where someone else told you until you think you're smart enough to click where you want3) there is rarely a "fat pill" in RE investing.

Total in house process.Not all investors can "in house" the whole process which is a HUGE advantage.I agree using self directed funds IS a great vehicle, (which I am currently utilizing for our acquisitions) but before folks go running off to convert their life savings, here's a few things that caught my attention about this situation.My post is really for the newer people to really pause for a moment before going "all in".Flipping can bury you if you have a "pie in the sky mentality" and your only trade experience is a slew of "Flip this house" re-runs.He's been doing it for 40 years.

Soak up as much info as you can and ask as many questions as you can. In

I'm self-employed so I write off as much as I can in terms of business expenses.

I am in Washington state and I am considering finding contractors from Alaska because it seems the ppl around here are fat cats can name any price.

@Hem KumarIf your IRA purchases a property using all cash, it can in the future obtain non-recourse financing against that property and those funds could be used by the IRA to acquire a 2nd property.You would want to speak with the non-recourse lenders specializing in this type of lending such as North American Savings Bank and First Western Federal Savings to learn about how much equity you could pull in this type of a situation.There is no conflict with IRS rules in this type of scenario, assuming the 2nd property is also owned by the IRA and not by you personally.The use of debt financing in an IRA create exposure to taxation known as UDFI on the portion of the income derived from the borrowed money.  

Regarding the passive loss rules, once your losses exceed you income, you can in fact apply those losses against your active income to a point, depending on how much you earn.