Jim,Thanks for offering your opinion.Like you I do think the issue was the fact that effectively the person was brokering.Tangent and my opinion on being a birddog.The structure used is a lot more formal than what most birddogs work with.

I appreciate your thoughts and if I could find a place that costs $100,000 that someone would rent for $2,000 a month I would own 500 of them and retire on a gold yacht somewhere.My question about whether or not you can get around passive loss deduction AGI limits by forming some kind of business structure still stands, though.

I have a 10 year trading background in financial derivatives, mostly options arbitrage and structured commodity deals.As a trader it is clear that it is much better to buy a stock (real estate) in a rising market than in a falling market.

It can definitely work depending on how the deal is structured.

Ok so I have a deal in the works that could really work out for me. I'm trying to be fair about this....
My neighbor, who is 96 years old (and looks and acts like a 65 year old) is really poor. I mean she's been liv...

It is importatnt that you meet with your legal, financial and tax advisors before structuring any tax-deferral or tax-exclusion strategy.

Anyhow the house is no more then 10-12 years old so its in relatively good structural shape.

Since you seem to have significant assets already, you will want good legal advice on how to structure your rental/investment business so an irate tenant doesn't try to take your existing assets.As far as continued high appreciation, I think housing prices are right about where the NASDAQ was in February 2000.

Also the more youth that gets involved in investing the better our community and economy structure will be.

Can anyone help me structure these deal or is it too much for a newbee