Eric works as a mechanic and Samantha is an Administrative Assistant. 

I recommend you work with a team of professionals you trust to help you set up the LLC correctly, to invest and document such transactions accurately in the eyes of the IRS, and finally to set up your IRA with an administrator or custodian that you trust.

Solo 401Ks do not need a third party administrator or custodian.

Prior to that it's been more administrative:  Law Firm Administrator and Administrative Director at a non-profit.There's a lot of great info in my head about credit and it's what I do all day everyday - educate people about credit.  

Do you think the new administration and Congress are improving or hurting the economy?

It says:BENEFIT: All cavenants and agreements of this Lease Option shall be binding upon and inure to the benefit of the heirs, executors, administrators and assigns of the seller and buyer, without affecting the restrictions imposed by Section 3 hereof.

Sales and networking are my strong suits and the idea was I could learn some of the administrative side of selling property while creating an income stream for myself through retail real estate selling.Ultimately I want to become a full time investor and create passive income through multiple rental properties, I do not have much as far as liquidity is concerned and why I was looking into getting my RE license hoping to learn while having an income stream back-up plan.I do have a good friend who is a contractor and holds a NJ RE license who I can utilize for any deals I want to pursue.

If you structure your LP correctly AND you invest in the right types of projects then you can skirt the UDFI and UBIT taxation from what I am told...at least until the current administration closes the "loophole."

I swear I read a New York Times article not long ago stating that the Obama administration was pushing through some program of incentives for all parties involved to encourage short sales.

For example, my current employer hired me as an office administrator making less than I wanted.