The REIT usually is or will go public, so you have more liquidity, can choose when to sell and recognize your taxes, if ever, remain diversified in real estate without any management headaches because now you own a security that invests in many commercial properties.

After the painting, etc.

The house needs painted inside and out.

About 20-ish years ago our State Supreme Court (lawyers, of course) declared that individuals have the right to choose their own attorney, and thus non-compete clauses in attorneys' contracts could not be enforced (a non-compete clause would prevent an attorney who left one firm from going to another in the same area).

It seems that this boils down to who gets to choose which title company to use and what is the time that each deed is filed.

And she paints, finds furniture, designs/decorates the houses.

If it is a carpet and paint job they will do that in getting the property ready for sale.

Even if you are cleaning, painting, running errands - you would be learning (which is crucial).

This is a really old thread and the original contributors have not posted in it for years.That said, some of the info was not exactly correct and some of it lacked necessary details.First off, there is no 3 property limit, you can invest in as many deals as you choose so long as the IRA has the funds for it.

He left me a voicemail later apologizing, but I went to look over the perimeter of the property and other than the lawn, paint, and fencing this looks like it'll be a great deal.