Other than that what do you think the benefits of having a license are?

I would love to find a way to find properties for investor and we both benefit.

I am interested in networking with other like minded people, so please drop me a note so we can see how we may be able to mutually benefit each other.I look forward to hearing from you,

In my experience, the owner pays taxes and insurance, and, usually gets the benefits of tax write offs as well.

And, my agent gave incredible service for the 2% she got - much, much more than just listing on the MLS.Of course, an added benefit that my agent received is that she also represented me on our new purchase so that was another 2.5% for her.Finally, the commission doesn't really matter *if* you have educated buyers.

I think it's a nice benefit to provide them (and it's a renter's market) but how do we tell them it's their responsibility to replace them or repair them???

I have tried to explain that we get equity in the house as the mortgage gets paid and we both benefit when the house is sold; also, my sister comes into town and stays here for rather lengthy visits whenever she wants so its not like she's not benefiting from her investment, too.

I'm really entertained by those starting out themselves, who believe themselves to be from affluent backgrounds (new money families) when they find out they qualify for benefits or can't qualify on their own steam for a median priced home.

There are some great benefits from that status it's tough to find an exact and "official" definition.

I might be wrong here (I'm also a Realtor so I get the exception already) but if you are actively involved in the management of your properties, defined by some level of effort maybe 500 hours a year, then you too are exempt from the passive losses limit--essentially because they are not passive, they are from something in which you are actively engaged.If you do your own property management, fix-it stuff, and finances, you are probably exempt from the $25,000 / yr limit.