I share some of the properties with my uncle.

. @#$% Uncle Sam he can keep his defined pensions and his 401k's and other various toilet paper they come up with to screw up an average guy.

Then use it for buying notes and or lending.As far as the age old question, again, I don't believe in handing over to Uncle Sam anything extra and taking the full early withdrawal and getting hit with the tax plus 10% penalty is Not in my best interest and would suggest not in your either, but certainly great from the IRS standpoint.

No, not just anyone can do inspections in the scope of any business, assumed, as it's not your uncle inspecting a house for you as a family favor.

I have an uncle who is a CPA and RE consultant.

Have about $22, 000 in stocks ( 0% return 2011, 30% 2012), one bedroom condo in west rogers park bought at $ 39, 000 (now worth anywhere 30-40) with total net worth of approximately - $ 100, 000.

Even $1 in interest is more than you are earning by giving it to Uncle Sam to use.

Jimmy,Please contact me at roger@weber-rector.comWe have a few hotel clients and may be able to find something for you.Roger Lin

All the adults in my life (parents, cousins, aunt/uncle's, grandparents, friend's parents, etc) ALL followed that path.

My Uncle owns a home with significant equity.