The reason they do this is because individuals buying a small piece of land with a house on it, or with the intentions of building a house on it, are usually looking for a lower price point home and are not looking to invest by owning the minerals as well.

Question: would the capital gains tax be calculated individually after the profits are disbursed, or do I have to process that prior to disbursement and subtract out the estimated tab amount?

You can, however, have another unrelated individual with a SDIRA lend to your LLC from their SDIRA.

Mike Murray Hello an Welcome to BP Sounds like your on your way to a great Start and Yes this one Place to Learn an Network with Like Minded Individuals see you around an Good Luck.

Keep moving forward.My small rant being said the vast majority of people here I believe are good, hard working individuals with a similar mindset to myself and I'm grateful everyday I get to work with them.  

But while I was there, I met an individual who brought the property to my attention.

Hi Jeff,In the scenario you laid out above, could someone start an LLC to obtain the HML but then be a rent-paying tenant as an individual in the property, essentially paying rent to your LLC or does that violate the Dodd-Frank regulation?

We are looking for like minded individuals to help us on our journey!  

As a licensed individual, if you start buying properties too far under their true value...you run the risk of sellers complaining to the real estate commission that you may have taken advantage of them.

You can repair individual tiles by cutting them out with an oscillating tool.