Hey Guys and girls I am a Investor just like you my first 18 month was random and confusing.After that I spent time investing into my education and went out and did deals.I have wholesaled deals I have a few rentals in Detroit and I am always looking for a flip.I have a few coming on the market soon. 

I do not want the income to flow through to my personal return because I want less income to be reported for better college financial aid for my kids.  

Your return won't be as high, but neither will your investment and you can gain some great experience and relationships.Jim.

You're not  purchasing an asset to let them pay below market rents and let it eat at your return.

(emphasis added).There are plenty of Wholesalers out there (both ethical and unethical) that also have their License, but INVESTING (retaining ownership for its returns) is a different topic altogether!

Do you ask for tax return or copy of pay stubs?

I hope I can do my part to return the favor. - Rob Quinn

There you can get return on investments of about 20%, and cap rates over 8%.

By my estimate, this would be 11-20% cash on cash return. 

This might include things like intent at the time of purchase, time held, whether a property was marketed for sale, frequency of such transactions, whether you are personally flipping houses separate from the plan, etc.If your IRA is flipping properties on a regular basis, then you will surely want to speak with your licensed tax advisor to be sure you understand the ramifications of UBIT taxation, and whether this tax on the gains from flipping will still leave your IRA with better returns than other options, or if you might need to look at different strategies for the IRA such as long term rentals or hard money lending.