If you have put little money into the company it can be argued that all profit is because of your efforts and most of the money is earned income subject to Self employment tax. 

lol, link directly to the law on Congress' website and pull the quote from there and he still argues its wrong.

@Mido AliThe two that I have helpful are - For SFR - "HOLD" by Gary KellerFor MFR - "The ABC's of Real Estate Investing" by Ken McElroy

No sense (in my opinion) arguing over $250 on a six-figure purchase price only to end up with the guy who cuts corners to make up for the lower price.

Some of my favorite books are The Book on Rental Property Investing and the ABCs of Real Estate Investing.

Hey guys, I am currently reading "The ABC's of Real Estate Investing" by Ken McElroy and he mentions getting on an email list that sends pro formas of apartments to practice analyzing deals.

As another guy pointed out as well however title is held on the property when you go to sell it is how you'll have to buy the exchange property - IE - Bryant Diel and Bryant Diels Mom - youd have to buy Bryant Diel and Bryant Diels Mom - or ABC Co LLC - ABC Co LLC will need to purchase the exchange property.You could leverage up to a significant property with your first purchase if your farmland is free and clear. 

The market is incredibly hot and I would argue over inflated due to the work Colby is doing.

I haven't bought a deal for a while but I have accumulated more funds - I'm planning on moving out of SoCal and FHAing a 4-unit wherever I end up, plus I have the money to buy another property in my East Coast market if I see something I like (I'll be back there next month visiting family, arguing down property taxes for my newest property at a hearing, working on my properties).Hopefully these ideas are inspiring. 

I've always believed that balance or sort of the middle of the road answer is the best.Having said that, let me argue both sides of the issue.