Would you recommend if I did that at least activating my license so I could search for deals and buy / sell properties without paying a commission?

My name is Charlie and I am new to BP and actively seeking my first investment property.

I bet you'll be able to connect with someone willing to do a JV (joint venture) with you or at least offer "softer" hard money to get you going!

We are in an age now where not having an active Facebook Business or Twitter can directly result in lost sales and less revenue.

Get out there start being active! 

That entity being invested in would have the necessary state footprint.When using an IRA LLC to directly engage in what a state would construe a business activity such as direct ownership of an income producing property, then yes, the LLC would need to either be domiciled in that state or registered as a foreign entity to do business in the state. 

Hi Ronald, it is still active and listed with Salmon River Realty for $25k

I would recommend reviewing the guide to determine if your LLC has any activity that would cause it to be subject to the TN business tax.

We form an LLC (or TIC if that is better) and I do all arrangement and he gets t still share profits with no active work on his part?

Hello.I have a duplex where I live on one side, and rent the other side on short term rental (considered as an active business for the IRS).