With contract for deed they have to take care of all tax and upkeep so I see that as an upside but if they full pay off the payment to me after 15 years then all my money has been made where as a rental would earn til I sell it.Thanks for any responses 

Is it like you have earned that money as an individual?

My goals in my career are to be a successful agent first and earn some capital as an agent so that I can use that money and experience toward making investments whether it is through rental properties or flipping projects.

The minimum earned premium is $250 so either plan on staying on that policy long enough to use up the $250 or you will be charged the remaining if you sell.

This target was consistently hit earning us anywhere from $500 to $1100 per month the first year.

Edward, the interest earned from the loan is counted as income and must be reported on your tax return as such.

People don't like using agents but the good ones are worth what they earn.  

Depending on your goals, holding U.S.A. property inside a corporation may even be preferable as it allows you to control when/if retained earnings are repatriated to Canada - if you're objective is to grow your holdings, you can leave the retained earnings in the corporation to be reinvested.An LLC is not automatically a "flow-through" entities, depending where you are operating, you may elect for an LLC to be taxed as a corporation or as a flow-through entity.  

The remaining $5k in earnings normally would be subject to 10% penalty($500) and be added to your annual income and also taxed.

Especially since the property is dong business (earning income) in the state of Colorado.I believe if the property gets successfully sued in Colorado, it will be up for grabs by creditors unless a Colorado LLC is the beneficiary of the Land Trust, which is turns has the Texas Series LLC as it's beneficiary.Pleas tell me your thoughts...Sorry to hear that...