From a tax perspective, sole proprietorship and LLC are more or less the same.

Quote from @Desiree Board: I'm new to investing and wanted to get some advice/perspective on 2 things...1.

These experiences shape my growth-mindset and value-first orientation, ensuring I bring a unique perspective to every deal.Personal Insight:As a father of six, I understands the importance of balancing family values with sound investment strategies.

I don’t generally buy into those as saving all this money, but I’m wondering if others have an experience or perspective? 

That perspective resonates.

Will the capital gains in this scenario be considered passive income from an IRS perspective ?

But i'm sure that perspective will increase or decrease as I mature. big difference though in 30 mil in equity in RE and 30 mil in cash after you sold your business or your stock and bond portfolio is worth 30mil.. crypto goes up and down to much LOL.. but I am sure there are plenty of very wealthy crypto dudes and duddets.

Since you have built a lot of them, could you spare 15 min to share your perspective on the main pain points of land discovery?

You need to think about this from the tenant's perspective.

Usually will work in GA, NC, OH, TX or FL areas.I am always willing to take advice from experienced investors on topics I may be unsure of and I am also able to provide my own perspective on topics I've studied, have been through or just my opinion in general.