If they are, consider this: Income can be derived three different ways: First, from the Non-refundable consideration a Tenant Buyer could provide you (In my market about 8-10% of the current ARV of the home).

You should have an S-corp for this business so you don't fall under the SE tax rules and you still have flow-through status and single taxation.If you have the properties as investments, then you want it in an LLC as Rental Income is not subject to SE tax and you have more flexibility to pass on losses and make distributions to the partners.If something baffles you, then you need to ask more questions to get further explanation.

In an ideal situation, your maturity distribution should be matched closely to the intended holding period of a property, that saves alot of money and headaches.

I am going into Industrial Distribution with my degree.

The IRA works better if you do not, or at least if you could pull less than 100% of the earnings so that you keep some sheltering benefit for the income received.Chat with your CPA to see if this makes sense, or if you are just better off taking a distribution from the IRA in the first place.

I agree 100% with the points behind most of these "real estate vs stock market or other non-tangible paper asset that is only some derivative of something else with actual value" arguments.

According to the Howey test, an instrument is only a security if it involves an investment of money or other tangible or definable consideration used in a common enterprise with a reasonable expectation of profits to be derived primarily from the entrepreneurial or managerial efforts of others.

So the Store Manager only needs to call the distributer/wholesaler and buy a contract to get a shipment each week of bananas and not have to worry about anything previous to that order. 

Do you offer quarterly, semiannual distributions?

Distribute business cards EVERYWHERE 27.