The Castigliola, Renkemeyer, and Hardy cases come to mind.Review those cases and you'll soon see that SE taxation of an LLC member is a facts and circumstances analysis, and you might be surprised at some of the circumstances examined.Generally capital members of an LLC syndicate would not be subject to SE taxes, but its a good convo to have with your CPA as the facts and circumstances matter.

But basically, if you are funding fix & flips or doing transactional lending it isn't all that hard. I

@Troy Fisher:  Numbers are easy, what's hard is the right judgement and experience to pick the right input numbers.  

@James Hardy Since you want to wholesale you need to:1) build your investors' list2) create deal flowFor that you need to:1) go to networking events.

Sending out direct mail can be very frustrating and the success in getting a qualified lead can be very hard. I

But I've seen a lot of native LA-ers have no idea how different the rest of the world is and they move somewhere to live cheaper and they are like....uuuuuugggghhh....and come back.

I’m new to the network and I reside in the Philadelphia geographic region but I am a North Carolina native!  

Lane Kawaoka, another fellow Hawaii native, has a great podcast I listen to called Simple Passive Cashflow.Good luck on your journey and don't hesitate to contact me if you need any help!

He is with Keller Williams in Wyckoff, but is a Paterson native and knows the area well. 

Cash-flowing here is just too hard. I