I appreciate your thoughts and if I could find a place that costs $100,000 that someone would rent for $2,000 a month I would own 500 of them and retire on a gold yacht somewhere.My question about whether or not you can get around passive loss deduction AGI limits by forming some kind of business structure still stands, though.

There ig gold and other hard assets.I have lived and worked in the PacNW (metro Portland mostly plus Kirkland WA).

I hope everything works to your avail and that perticular property turns out to be a small gold mine.

High vacancy, high commissions, high maintenance and repair to keep in "Gold Star" condition (or whatever it's called at a particular area) and you're always paying top dollar for labor and material to get that stuff done.

As far as the proper type of license you need along with other things to deal with gold, gold dust, jet fuel, oil, and commdities!

I think sandwich leasing is good.1) You don't own the property, you don't need credit, no loans in your name.2) Gold and Sachs said houses in CA are 35-40% overpriced.

Originally posted by "biggerpro":I was curious about what everyone's thoughts were on Oil and Gold.

In fact, I would go one step farther and say that this entire process started with Nixon taking us off the gold standard.

great idea and way to bring it to the forefront -what this site offers is worth it's weight in gold.

Buy gold and bury it in the back yard?