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Updated over 14 years ago,
RE Dealer?
I know the IRS is vague about this, but generally at what point does an investor become a real estate dealer. I am looking to get more into rehab and flips. I am currently a self employed home inspector, plus I own a duplex and a 4-plex as rentals and have one home that I rehabbed and sold on a note. I would like to do 3 or 4 such rehabs/flips a year and also add to my rental portfolio, while continuing with my home inspector business. From this strategy, would it appear that I would still be seen as an investor and not dealer?