First Steps?

[Brad Hankee]

OK... After reading books and listening to many podcasts I will be pursuing either buy and hold or doing some smaller flips to start. I have a regular job but even after all the books I have some questions regarding the business tax side. 

I have heard that having a home business is great since you have great tax benefits. Can I have a home business associated with buy and hold without being a real estate agent?

Listening to the podcasts it seems that much of the success stories staring with jobs just invested and grew without having these advantages (business)? Any advice or tips? 

Also is it good to seek out an account from the start if just doing buy and hold?

Brad