This changes if your taxable income is above that threshold (details here: www.fool.com/the-blueprint/amp/qualified-business-income-deduction/).Could this same principle apply to a partnership with an individual with REP status?

These principles form the foundation of a thriving community that continually supports and uplifts its members.In conclusion, our Subto experience with Pace Morby has been nothing short of life-changing.

Say you initially put $20k in.....I  short, no you can not take the first say $20k of generated profit, call it repayment, and avoid the tax on it.Repayment of a loan(principle) or capital contribution is not an “expense” for the “entity”.  

Or is it that the principles of buying a cheap house for cash, fixing and cashing out are flawed?

If the loan is not made to the 401k, it doesn't need to be non-recourse.UBIT might apply to an investment into an active business that is structured as revenue/profit participation rather than simply a loan with principle and interest paid back.

But along the way, about a year ago, I signed up for a class at the Junior College near where I live to get a formal weekly basis of knowledge on Real Estate Principles, and now this semester, Fundamentals.

If the driveway is difficult a buyer will pass based on the principle of substitution.

@Engelbert Devera Almost every deal I’ve done over 30 years has had something I could have gotten upset and walked away from ... just on principle!  

This principle goes for any piece in your wardrobe, too.

Therefore, their contracts are usually restrictive.Oh, and to get such a sale approved, first in principle, then in practice, can take a long long time!