Besides gaining sponsorship, passing the exam is all I have to do to gain the license.After talking with a top recruiter at Keller Williams, he revealed that he believed the wholesaling method of real estate investing to be "unethical" by stating that it takes advantage of the seller in several ways.

Sounds like you are on the right path in offering services for gaining knowledge.  

Philadelphia is a great city, immense with opportunity and extremely proud of its various neighborhoods, all of which have their own challenges and benefits.

May I ask what is the benefit of selling at auction rather than listing it as-is on the MLS? 

Now that I am considering investing, I am wondering if I should start with fixing up and selling the house I live in (but then where would I go from there after gaining profit?)

But the remaining gain can still be tax deferred.s  And it doesn't have to be just one property.

Happy to discuss some of the benefits and risks of a foreigner investing the United States real estate market.

Hi there,My name is Jeremy, I am 41 and new to real estate investing.My wife and I are entrepreneurs and at this point one of us could easily free up enough time to become a real estate professional and take on our goal of building a large portfolio - for the purpose of long term investing but also the tax benefits (for now) associated with depreciation.We have very little experience.

The issue is that flip transactions are considered a trade or business activity, and if a tax exempt entity like an IRA engages in a business on a regular or repeated basis, then there is a tax known as UBIT that applies to the gains from such business income.

I know we all have different areas of focus and different levels of experience in the industry, but would like to gain some insight for myself and for others.