This is passive investment earnings, not earned income taxed at your regular rate.  

Reason is not too many agents work with investors, they would rather sell to retail buyers for the commission earned.  

And while earning money passively is sweet, to me, its just not as fun as flipping a house! 

With a Price Earnings (PE) Ratio of 49.91?  

I know this lesson personally and very hard earned.

After a couple years of doing this & earning good money you should qualify for mortgages and start buying your own properties.

Tom what you are referring to is the ability for the losses to offset your earned income.

To myunderstanding, if your llc is in say AZ, your registered agent is in Az, your business is earning in Az, then pretty much it is an Az llc, which means that it is NOT doing business in Ca, therefore you only pay Az taxes on that llc, and once you draw/split profit, you will be entitled to pay Ca PERSONAL income taxes, you might have to pay the 10% as 1099 management fee to yourelf as a WORKER.

If you're looking to earn money and have skills we're always short handed. 

And to ask for that level of help without earning a stripe or two, well it can appear as a little offensive actually.