The strength of TBD LLC is a transparent, ethical business model which will generate qualified referrals, long lasting relationships and future business.

There are alternative methods of handling these payments, but you need to structure them properly and I would definitely consult a tax attorney or CPA knowledgeable in this area.Here is an article that explains some of the complexities and how to potentially achieve alternative tax treatments.

Here's a more ethical way: Why not take a $6,000 assignment fee and give the seller a $6,000 down payment for his years of effort and thousands of dollars already invested by the seller?

There is a code of ethics in the RE industry but all do not follow it closely, shame.

Originally posted by Taz: I encourage you to get and read the annual reports of a few publicly traded REITs or RE Holding Companies, it will be an eye opening experience.Considering the lack of ethics prevelant in financial reporting these days, it might also be a total fabrication.

The tax treatment and restrictions of an IRA are going to make true for whatever the asset class is.  

How often should I do pests treatment?  

Most of the brand new folks followed the gurus and got to BP, getting a basic education in RE may let them see the light and move on up to higher profits, legally, ethically and in developing a good reputation in the business.

I am debating weather or not having making a tenant pay rent on a smart phone/ or computer that would require internet is ethical. 

While lots of investors complain about treatment, unethical practices and lies.