Other things that was not mentioned is the Social Security Company.

However, if you flipped 3 and loaned on 7 (this is just a random number selected for this example) the URS would rule that the main intent of the IRA was to be passive and since you did not exceed the 3 mark on flips, no UBIT would take place.In summary, the guideline wold include a combination of intent and quantity.

Compounded over just a decade, 6% is a big difference and it looks like that difference is going to get larger.While this is a good way for politicians to pay for Social Security without officially making cuts, the average worker still gets pinched.In the 80's we dealt with inflation relatively well.

I found this passage to be pretty damning://Begin QuoteIn my view, the American dream of striking it rich is merely a well-marketed fantasy that keeps the bottom 99.5% hoping for better and prevents social and political instability.

I understand I have a lot of random thoughts right now but any help would be appreciated, thanks!

We just need the technology solution to catch up to the social problem.

The internet people search will show any businesses that you have and I don't want random people having that information.

I did not even get to the point were she asked for my social security number, income, nor did she check my credit.So BiggerPockets, is this the norm or do various lenders handle these issues differently?

A little rusty one computer - and have never done social networking *unless you can count e-mailing!!!

In the meantime I'm dealing with a property with continuing theft and vandalism and trying to keep it at my sale value, working with the county to do the necessary repair and abatement work to release the code compliance liens, getting IRS liens released, and trying to figure out if the tenant is crazy and needs a social worker.