It is true that FCI will act as a "clearing agent" for the trade.  

I am Katie Brooks currently living in Atlanta GA, 24 years old and a student in business administration and marketing (with a dual major in real estate).Presently, I am a senior marketing and implementation coordinator of an E-learning software company from the United Kingdom.

Since you are splitting profits, it sounds like you will need to file a partnership return and be issued a K1 with your share of the profits - however these profits will not be subject to SE tax for you personally.Additionally, any business expense you incur should be deducted as "UPE" or unreimbursed partnership expenses on Schedule E - that is only if you are filing a partnership return.

Hi everyone i am need of a good solid contractor in the Houston areaOne that is a jack of all trades.

They must still execute on their option and purchase the home before that time frame expires, otherwise they lose their option.

Know all the streets, how much properties are trading for, go to all the open houses, research what is going on in the local business market (local newspapers, online forums can help with this).3.

I just started downloading the E-Books as well.  

@Cave Johnson second contractor does not do Plumbing and Electric work@John Rogers : Please where can i download schedule@Randy E,   I think that is what i need to do.

My daughter will be graduating from high school this year and wants to be like her mom and dad, real estate investors, she asked us for advise if she should go to college if so what classes should she sign up for or if she should go to a trade school.

My family are very nice people but don't know squat about executing agreements in RE.