If a lender violates this provision and does not correct the violation when it is brought to the lender’s attention, the lender may be subject to significant penalties.

Your husband would have to report the income and would be subject to any business licensing requirements of the state. 

You can start by reporting it on your Schedule E but you will be subject to taxes.

There use depends on the type of trust setup - they can be used to bypass probate; eliminate ownership and control from a person subject to lawsuits; skip a generation on an inheritance and hence skip inheritance taxes, and numerous other uses.  

Data science is no good without review by a subject matter expert, such as a local like yourself!

Contract for Deed origination is also subject to Dodd-Frank regulation. 

there is thread after thread on BP about this subject.. 

W-2 income, but it’s subject to passive activity loss limitations.

I dont have money to start a course but I've never been more passionate about a career path before and I want to make a deal, and use that first deal money to sign into a course to get a proper education on the whole subject. 

@Natalia Davis, yes that is income and subject to income tax.