My intentions aren't to high jack your thread or post so it doesn't appear that way.I'm focused on South Philly, particularly in newbold, point breeze, and gary's ferry neighborhoods.

I have also listened to Gary Keller book, Rich Dad, Think and Grow Rich, 4 Hour Work Week, and numerous other business books.

The Millionaire Real Estate Investor by Gary Keller is also a good one to start out with.

Hi Gary!  

Originally posted by @Gary Dale McKee:I am purchasing directly from the seller.  

Thanks Gary.

@Gary KaneIf the IRA has an equity stake in the profits of the flip, such as membership interest in the LLC, then the IRA is considered to have trade or business income.If, however, the IRA were simply to lend money to someone else's LLC, then the income to the IRA is deemed to be passive and therefore not subject to UBIT.  

Thank you,Gary

Gary

Thanks, Gary