When dealing with unlicensed wholesalers you’re going to have a lot of issues like the ones mentioned above and others you didn’t mention, like gaining accessTo house, title issues and so forth.I’ve been around real estate for 3 years now and just this past week I finally found someone who found a good deal through a wholesaler.It’s a flip.

Not sure what you mean here....land is a non-depreciable asset that usually generates a 1231 gain when sold if used in a trade or business. 

I'm gaining from this thread as well. 

@Josh Wagner right now the main metric I pay attention to is my net monthly return through my real estate investments.

Hello,I do real estate flips currently under my own name (I know lots of liability risk), but the up side is I pay capital gains tax at a lower rate then a pass through LLC.Can I create an LLC that has no income, so that I can contribute to a 401(k)?

Purchase price: $205,000 Cash invested: $205,000Built my own home with possibility of selling in two years minus cap gains tax.

The purchase price would be $212,000 and the seller would be paying 3% of closing costs.My question is, obviously at that price this isn't a property that we will cash flow on while living there but, we would gain landlord experience and live cheaper than renting.

The other, she does a ton of work, and I basically handle the contracts and gaining access to the property, and we split the commission 50/50. 

To add to the other comments: From what I understand, an agent cannot give you a blank contract because CAR forms are specific to licensed individuals and are a result of a paid membership required to gain access to the forms.

Primary residence portion - Because you're forced to move for a job transfer you'll be able to take a prorated amount of the gain tax free.