I'm not the only one who is coming to this conclusion. 100 real estate experts were questioned and 94% said they do not expect any downturn in the housing market this year.

It’s not a foregone conclusion that you’ll be able to fill the vacant lots.  

In conclusion, it seems as though reducing your living expenses first, and then focusing on increasing your active and passive income will most likely accelerate your journey the quickest while you maintain your full time jobs. 

My Title conclusion sheet shows Record owner as these 3 people with their grantor, grantee, deed of gift descriptions.

Also the last owner had a survey done years ago with the same conclusion.

We eventually came to the conclusion that our business model was to rent houses we would live in.

Ultimately I came to the conclusion that the real estate taxes on the IL side and lower inventory make it darn tough to make work. 

In conclusion: Great people are everywhere.

The important thing to keep in mind is that HE was the one who came to this conclusion – I simply provided the options.

If your 1065 is done properly, the nature of the passive rental income will remain the same - no self employment tax.The concept of whether it's better to run it through an LLC vs keeping it in your own name is a topic that has been batted back and forth here on BP and elsewhere with no real conclusion.