I just got my materials for my yellow letters in so I'll be sending my first batch out soon.

Rich Weese,No he MUST spend at least 750 in the real estate trade or business.Real Estate Professional In A NutshellBeginning in 1994, a real estate professional may treat rental real estate activities as non-passive if the taxpayer materially participates in the rental activities.[2] The material participation requirement applies separately to each rental activity (unless the taxpayer made a timely election to group all his rentals as a single activity).

If it all goes well in the end, and the key factor is to set your son up with the most profits possible, simply award him at the end by changing the agreement to interest, but at least during the deal, you retain some control of decisions.

There is no deflation in cost of materials.

His materials are thorough, but he appears to be set up as a guru - making his money on students as opposed to real estate.I am hoping Ms Hanover's partnering is included and different as I am already involved in residential short sales and now have commercial sellers responding to my marketing daily and I have transactional funding lined up.

Once you find out what you want to do then look for reading material that follows your strategy.

It got me thinking and I re-read the retainer agreement again with your comments in mind.

Once I went into bankruptcy to retain our house, I was amazed to find that the one thing I could not liquidate was my timeshare: a luxury item which should be the first thing to go.

We're hiring a programmer to segregate our current contracts/coaching material from a potential standalone user's info.

Combine this with the fact that developing countries are driving up prices on building materials, and we have a formula for continued appreciation.