If you have rentals with loans, or do something active like flipping or wholesaling, it will be subject to UBIT.The self directed IRA is good if you're going to do something active, but has restrictions against passive investments.

The second required license is for the company so that the MLO can be activated.

You will find that this is the best community on the web to submerse yourself in for real estate investing.Make yourself at home and get active!!!!

A lot of drug activity, gangs, prostitutes, drive by shootings,murders, daily gunfire, etc. etc.Another forum member had a 50% rule that applied to war zones.Enter at your own risk, you have a 50% chance to come out alive.

Property Features Single Family Property Status: Active Year Built: 1930 2 total bedroom(s) 1 total bath(s) 1 total full bath(s) Approximately 572 sq. ft.

Joe,The LLC insulates you from the activities associated with property.

Look for the closing/active board in the office and see how much activity there is.

Matthew - You can start by making a post on our New "Promote Your Buyer's List Forum"

If you place the property in rental service this year, then you can start depreciating and deduct all your normal rental activity expenses.

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