It has "flash in the pan" attraction but depending on the concessions made by any city it can be a net loss for a city.

Hit me up if you ever want to chat REI in maine. i called the hard money firm you recommended to me on my recent posr, (milk street capital) I may pursue them!

I'm neither a lawyer nor an accountant, but I recommend Googling "closely held corporation" and then asking your tax accountant how, if any, the proposed idea might impact your overall tax situation (https://www.irs.gov/faqs/small-business-self-employed-other-business/entities/entities-5: A closely held corporation is subject to additional limitations in the tax treatment of items such as passive activity losses, at-risk rules, and compensation paid to corporate officers.).I've read that when two closely held corporations owned by the same small group of shareholders do business with each other, the IRS sees a red flag because some people try using this approach to evade taxes.From my readings of personal finance articles, this additional scrutiny is based on whether there is an "arms length" between the two parties in a transaction. 

The reason I ask is because a handful of clients that are interested in investing are using self-directed IRA funds (through Pensco or Entrust), and therefore cannot take advantage of the depreciation - being that its retirement money and they don’t have deductions/losses to use.

The reason I ask is because a handful of clients that are interested in investing are using self-directed IRA funds (through Pensco or Entrust), and therefore cannot take advantage of the depreciation - being that its retirement money and they don’t have deductions/losses to use.

Can you make up fake profit-loss statements for your tax returns? 

Flipping is much riskier and you need to have a lot of capital lined up or people with money. 

I've been in account selling for some time not real estate but capital equipment, and yes it is different but building a rapport and finding connection with a seller trumps coaxing them into sign the contract as fast as possible.

There is NO SUCH thing as a guarantee in fact when investors invest with companies there should be language spelling out risks and the potential loss of the whole investment as a possibility. 

Whats going to help me decide between the two is whichever is easier to get started in without a ton of financial capital.