But you better make sure all your ducks are in a row, all your facts, all your documentation, everything supports that your original intention from planning, acquisition, renovation, when and how you started marketing it for sale, etc, your history of other investments - your proformas, your e-mail correspondence, etc, all pointed towards that this was an investment / business use property and not a flip.   

I have also used apartments.com (for some of my SFH), I prefer zillow. e-renter.com does a good job if you just want the background check and none of the other services.

This K-1 information is then used to report your share of the partnership's income or loss on your personal tax return (Form 1040) using Schedule E (Supplemental Income and Loss).

> E.

you can buy Montalongos and Vertucci's witten materials on E bay for 50 bucks.. flipping houses right now has died down a ton. so Uber caution.

You will have to file under a schedule C vs schedule E.

Just to keep your license you will pay several thousand dollars per year in fees for your brokerage and MLS and Supra E Key, etc.

A lot of times they will say no.....I then will say, I'm not being difficult but I will ask for clarification, because this is in all of our leases....ANYTHING means, cigars, cigarettes, mar%ua7na, vaping, bongs or e-cigarettes.

So e plan is to lose 30-50% of the money in taxes and penalties the day you take the money out?

Something like what RE E-broker used to be.