Because the IRS presumes it is not a legitimate business, you have to overcome that presumption by fighting the IRS and proving to them you are legitimate (ultimately going to court if you choose to take it that far.)It all depends on how much you value taking those deductions and how much hassle (and money) you are willing to spend....

That's when you made the purchase and have a receipt to prove it.

We were all studying engineering & during classes with a professor he told us about a black waterproof hydraulic cement impervious to salt damp that we could use to supplement the first course of the wall.

If the option is never recorded, you can sue the person who granted you the option, but you would not be able to purchase the property from a new owner (unless you could prove the new owner had actual knowledge of the option).All things having to do with real estate have to be recorded as a matter of public record before unrelated 3rd parties can be legally bound by the obligation.

Even $150 can prove to keep clients committed to a loan.

I have been studying and trying to gain as much info and knowledge as possible for the past three months.

While REITs are popular and may be a good choice for someone who cannot qualify right now for their own purchase, make sure you study them well and know what you're buying and when.

I later got a trades degree and also study daily to continuously grow my knowledge base.

Tom,I am trying to learn and study all the time but will need some guidance on how to move with specific situations etc.

I have found success working hard and studying hard to be a life long learner.