Also keep in mind that flipping is considered an active business, and as a result any profits you will make from the flip inside of your 401k will subject your 401k to UBIT.If you did this deal in your 401k you would not be allowed to be an agent in this transaction.

However, It's worth noting that mere joint ownership of real estate and rent collections does not necessarily rise to the level of joint business activity that constitutes a partnership.

We are actively talking with these owners and will hopefully have more news in the next couple of weeks.To round out the day, we hosted our 3rd monthly Real Estate Investors meetup from 6:30pm to 8:30pm.On the ride home, we analyzed and underwrote a deal that came to us that morning while driving around.

I believe this business is about people, not houses.I'm still active duty and my wife and I own three SFR.

Active Investor, wants to be active Partner.

There are more resorts here than anywhere, golfing galore, great weather (most of the year) low taxes, a big hole in the ground called The Grand Canyon, skiing, (yes an 11,000 ft mountain for skiing) we have more peaks than Colorado I'm told, great hiking both in the desert and in the mountains, exquisite restaurants, nice people, good roads, lots of activities, and we are only hours away from the ocean.

I have been living in this market for awhile, but recently I became active as an investor.

My name is Thurman (TJ) Kennedy and I'm an active duty Soldier currently stationed in Hawaii.

I'm currently active duty army and I want to start investing in real estate, I'm leaning more towards the BRRR meathod but I love the idea of rehabing houses and making something beautiful out of them.

I wasn't also under the impression that when you collect unemployment for 9 months, you should be actively searching for a job and not just "collecting" unemployment for 9 months...