Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

Which direction should be be looking?

First, the three (3) Private Letter Rulings will likely not be directly on point, so there will be some inherent risk in that you will not be able to follow the Private Letter Rulings exactly as they were issued.

If we include investments in mortgage loans (trust deeds), real estate partnerships, REITs as well as direct property ownership, I’m at about 80%.  

I have been able to find out a lot of information from them, some in line with what I've been told elsewhere and some directly contrary. 

If you sell directly to a homeowner, the issue can come back on you and bite you in the a...  

Usually there's a lockup period (often three years) in note funds, so you can't use that cash to do direct note investing.  

Any leftover gain is taxable.The $150K left after paying off expenses isn't directly taxed.

Thanks Hi Spencer, I have a seven-figure portfolio that is a combination of both hands-on (direct real estate) and hands-off (syndication and crowdfunding)In my opinion, both have their pros and cons and neither is 100% superior to the other.

What you want to ask is if they are a direct lender funding and servicing your loan