@Eric E.UBIT only comes into play in an IRA on leveraged real estate and running an active business.

A good attorney, RMLO, and servicing company play a big part of this. .

This is a very different space than most folks here on BP play in from what I have seen.

Talk to a CPA to see how each scenario plays out.A 401K continues to grow in value, but what do you live on? 

.: I always play it by ear.

So, an investor could easily cashflow right away.Those days are over.Landlording is a long-term play.

They loved it because they got some play money right away and steady income each month without having to deal with toilets and tenants.

Well I have seen this come into play - I had someone who has a note in florida that was a non-owner occupied loan and the lender claims the borrower failed to make payments on this and attempted to record the deed in lieu.

It's unclear on how that plays into your question about taxes.

I know real estate is a long term play but you never know when you'll need access to that capital.There are turnkey companies out there that handle the entire process for you from top to bottom so it makes for an extremely passive investment.