Commissioner was pretty easy for the IRS to win. 

Then marketing our own excursions via our hotel (I.e. investment) to mainly North Americans and Europeans.  

Fleischer v Commissioner disallowed personal service businesses from using s-corps to save on self employment tax.

I have found a great opportunity to purchase about an acre of land strategically placed on a main road in a beach town called Progreso that is exploding in popularity among Canadian, USA and European expats.

My friends had hundreds of projects in multiple European countries (Germany, Norway, etc.) for the last 10 years and I was wondering, will ever be demand for such high quality visualizations in the U.S.?

But paying the expeditor $1,500 fee, and his having lunch with the assistant commissioner whom he knows, the order was rescinded and the project was finally done for $6K including his fee, as well as $1,400 drafting plans of what's there with minor changes.

I currently have no debt.As you might know, real estate in Switzerland is quite costy and I also feel like it is not a good idea for now (taxes).I was thinking of playing it "high risk, high rewards", by those, I mainly mean eastern European countries such as Romania, Bulgaria, Poland and as a second idea, Latvia, Lithuania, Estonia, even though they are next to some bully, they are in NATO, so should be ok, I guess.I know some of those countries do not allow foreigners to get a mortgage loan (Lithuania at least) and some countries have high interest rate (Romania, 7%).Here are my two questions: Does anyone have experience with those countries?

(1) Invest that money in shares of an insured money market fund ..or (2) deposit that money in a State or federally chartered bank, savings bank or savings and loan association in this State This subsection shall not apply to persons receiving money for less than 10 rental units except where required by the Commissioner of Banking and Insurance by rule or regulation.All of the money so deposited or advanced may be deposited or invested by the person receiving the same in one interest-bearing or dividend yielding account as long as he complies with all the other requirements of this act.

Although this remains a potential risk, it is more common to simply let the property sit until the redemption period expires if this scenario comes up.Regarding the appraised values, your master commissioner will likely have them.

.- Bureaucracy: European countries can have way more bureaucracy than the US, and laws are often favorable to tenants (they definitely are in Italy).- Appreciation is often slower than the US.