Marie Poe There's an astronomical difference between Section 8 participants and FHA buyers.

Also so we never get caught flat footed again when improper regulations are sought to be passed.https://www.gofundme.com/OHLandlordActivismFundIf you invest in Lucas County you should be participating in your local REIA, a member of Ohio REIA (the state level organization) and actively watching the regulations in your area of investment. 

Has anyone on here participated in the foreclosure process involving the tax lien? 

If you read and learn and participate on forums in BP, you might be able to reduce the risk of getting burned again. 

This is some good info for you and a standard to hold your lender to...I hope it is useful to you.By Jeff OnofrioSaturday, December 31st, 2011There’s a common misconception that contractors need to be certified in order to participate in FHA 203k loans.

I have never participated in FL auctions.

When you are the guy who gets the short end of the stick, percentages are no consolation.The only sensible way to approach buying properties at foreclosure or other auction without benefit of title insurance is to study real estate title and the state laws applying to the type sale you are contemplating participating in.And the learning never ends.

Passive income can be generated by investing in a business (real estate or other) without materially participating. 

What do equity participants like to see?

I'd assume that if it's just you and him, and he's the money guy, then you would actually be running the business.I'm thinking that if you, as his son, actively participate in the management of the business, then his interest would not be treated as a limited partnership interest for purposes of the interest limitation rules and so you would not be treated as a tax shelter and so the interest limitation would not apply.I could be wrong, but my reading is that the definition of "tax shelter" under Section 163(j)(3) (the interest limitation section) refers to Section 448, and 448(d)(3) refers to 461(i)(3), which gets you to 1256(e)(3), which says that an interest in an entity shall not be treated as held by a limited partner for any period if during such period such interest is held by the spouse, children, grandchildren, and parents of an individual who actively participates at all times during such period in the management of such entity (1256(e)(3)(C)(ii)).Thoughts?