My municipality defines a business as:"Business means a calling, occupation, profession, or activity engaged in with the object of gain, benefit or advantage, either directly or indirectly." 

International Relations - How will Trump engage the global community?

Your goals should be dictated by your risk tolerance and engagement in the process.  

Last week I engaged in  a discussion started by Nick Sabat and it really made me think so I decided to write a blog post. 

Such entity in the ordinary course of its business must be engaged directly in real estate management or development activities.2) Expenses related to the real estate will be paid by the corporation.3) The real estate will not be used for personal use.4) There may be periods of time when the 50% test described in 1(a) above is not satisfied.

Stay engaged!

These are partnerships / syndications where you have limited risk outside of your invested dollars but can participate alongside experts who did this for a living.  

We're two newly-married young professionals who have only been interested in real estate for about 4 months, but are extremely intrigued by the ability to build sustainable wealth and have more control over our financial health.We've been listening to BP podcasts and scouring the site and forums for all the information we can for a few months, but decided it was finally time to get engaged in the community, especially with the past week we've had. 

In general this is my understanding of the wholesale process, feel free to correct.1) Get property under contract with seller.2) Take contract to title company.3) Find buyer, (give them copy of my contract I signed with seller, then fill a copy  of the EXACT same contract between myself and the buyer)4) Collect non-refundable deposit from buyer and take that deposit as an earnest money deposit to the title company alongside the end buyers signed contract.5) Wait for closing and collect wholesale assignment feeAnything I'm missing?

You need to learn how to attract and engage private lenders.