The actual profit/loss if you take out one deal that was really pure luck, is only slightly, maybe $10K per year higher than 3 years ago. 

Make your company simple, pure and honest.  

This is a pure money grab by the city and nearly impossible to comply with. 

Set up payments in Cozy & now I will receive $332/month for the next 7 years of pure profit.

If it's not purely an investment and maximizing cash flow is not your goal, then a manager is probably not a bad idea. 

Trade or business activities are non-passive income, such as flipping properties, new construction for sale, and any kind of just pure buy/sell. 

Marie, Regarding your question about the 10% requirement: Although we're not sure how that applies to we that are licensees, I don't believe it applies to you as just a non-licensed borrower in a purely non-advisory non client-professional relationship with the borrower -no more than the private lender has to look out for you, and whether the loan is appropriate to your financial circumstance.With respect to the 10%, if that requirement exists, it's big for licensees if they're covered by it and if David's understanding of it correct

I purely invest for cash flow.

HelloI got answers on 1031, but was wondering if the experts can look at the deal and purely based on numbers, is it worth it.ThanksInder

The second is pure investments.