BTW, I hear you about being a contrarian and feel the same way, but I respectfully disagree that deflation is a "crowded trade" so to speak at the moment.

Is my understanding correct that each of our share of income and expenses should be reported on our own Schedule E forms?

Since you have already lost 100% of the income to debt servicing then create a trade off in your calculations.

@Nick RudolphThe Wall Street Journal lists alphabetically all publicly traded securities.

A few questions about the tricks of the trade: Where do you find most of your deals?

As I was living out of state during the interaction (in MI, where I am now), most of my conversations with her were via e-mail.  

Hi Jonathan,If you're thinking of investing in the US, make sure you think through currency fluctuations and where the US dollar is trading as compared to the Canadian dollar.  

With the Checkbook IRA LLC, the IRA itself is at the back end and simply owns an IRA for which you can have signing authority and operate out of a bank account of your choosing.Again, if the IRA will have equity in the flip, then the IRA is engaging in a trade or business activity as opposed to passive investments such as hard money lending or rental income.  

***As always check with a reputable real estate attorney*** before executing contracts to make sure you don't have loopholes that might wreck you - and you could lose whatever amount of money the other party reasonably sues you for.

I am currently starting up a business in the fitness niche and trade currencies full time on the Forex market.