I am a very motivated man searching to get my foot into the door of real estate.I recently graduated from OU majoring in Health and Exercise Science.

Health problems stoped them from following through with their plans and forced the family to sell.

Immortal status in 3 months!

LLC’s generally are flown through entities (unless you elected a particular tax status).

We responded politely but accurately that it may not be best to stay at our place and take a chance for their health reason.  

I have heard this from a couple of people but I have not heard back from them on the current status.

My wife works as a Physician with lots of hours, stress, and moderate risk (who knows where our health care system is going). 

 :)   I would definitely recommend to set up a corporate structure - it allows you to write off all sorts of things... cars, car insurance, health insurance, life insurance, phones, internet, trips (oops...

If not the real estate professional status then you can max out quick and not take hardly any deductions against personal income from your job etc.What I see some of my buyer clients do is say a doctor makes a ton of money and his wife stays at home.

I think one of my goals getting into this is really to own health cash flow assets. :)