They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains. 

Important note, it takes a lot of reps to be self sufficient as an agent so you will want to join a team of active agents that can help you through the process.Please feel free to shoot me a PM if you have any qs - happy to hop on a call to chat you through it!

That way you know they are active in real estate!

Would love to see an example of some real life qualifying activities and what you're including.

If your IRA receives an equity portion of profits from the business, it will likely have tax liability via UBIT that would be detrimental.Owning income producing real estate or interest from lending are passive activities not subject to UBIT. 

If you're active in the market or have any advice, I’d be grateful to learn from your experience!

How else would you know which one is the criminal?

However, I’m actively managing my investment, taking on risk, and improving the property, which has significantly increased its value.

Recently, I became a licensed agent specializing in short-term rentals and multifamilies, particularly in vacation markets and Worcester County.I joined BiggerPockets to share insights, learn from others, and connect with investors who want to scale their portfolios.For those who are active on this platform:-What’s the best way to introduce myself and provide value here?

However, when contacting the principal’s home, his wife confirmed the passport photo was not his, and the birthdate was incorrect—despite the signature on state documents being authentic.Unauthorized Use of LLC: The actual owner, a 78-year-old retiree, was unaware that the LLC was still active and had never conducted any business under its name.