It's the only type of fully passive investment of that nature that the IRS recognizes as "like kind" for a 1031 exchange. 

Im naturally motivated and self-learning, I didnt really feel like giving up the hour is doing much.

It's that simple...doing all this takes a lot of effort initially, but it all becomes 2nd nature. 

Born into a, middle class, blue collar family I naturally picked up the tools and followed in my fathers footsteps.

Just like the rule, this statutory change clarifies that a person selling or offering to sell an option or assigning an interest in a contract to purchase real property must accurately disclose to potential buyers the nature of the interest offered.

A few things to realize about being a commercial agent in this type of market:Finding good deals is really hardcommercial brokers font like to share their commissions Loopnet has NO good dealsAs mentioned above, if you want to get into the commercial brokers business, your best bet would be to join one of the big firms and grind for 2-3 until you build your client base and become an expert in the niche you work in, maybe even get a CCIM certified. 

The activity needs to be passive in nature, such as rental properties, private lending, tax liens ect. 

It is the concern of their agent.This is the very nature of representation.These are opinions:1.

Due to that, your tax advantages are limited due to the passive nature of your investing.

Naturally, higher return, higher risk.