I am in total agreement with Greg, Rochester is a fantastic buy and hold cash flow market, and with the educational tools here at BP, you should be able to do very well!!!

This definition of UBIT taken from IRS publication 598: "... if an exempt organization regularlycarries on a trade or business that is not sub-stantially related to its exempt purpose, exceptthat it provides funds to carry out that purpose,the organization is subject to tax on its incomefrom that unrelated trade or business."

(not exactly sure what a Legacy Asset is - sounds racey though)3. to use public / private investment funds to purchase mortgage backed securities.I am wondering what if any affect such a plan might have on the average invoestor.

Education, experience, some trial and error, or piggy back off someone else who already has a team in place.Those are a few options for you.

If its public land,its in a reserve and NOT available.

If their game is built on education then the gigs up because everyone is easily educated now days.

The title company instructed me to take them to the county and have them changed on public record.

Here's the key-Educate and network with the agent.

I'm early in my education here, but I think the strategy I want to employ once I get started again is "buy and hold".

this site has led me to alot of your websites, many of which have also been very educational.. so thanks to everyone in this community for that.i am new to investing and currently live in nyc.