Zachary, my rather ordinary sfh properties have appreciated about 9-10% per year the last 2 to 3 years.

@Cole Britting yeah for 2 reasons. 1 construction has slowed down so qualified contractors are now more available. 2 sellers are hurting and there is a stronger appetite to take on a "less favorable offer" like the 203k loan! 

If you want to take the QBI deduction or an ordinary loss you better be issuing 1099s...

I use 1% for repairs/ordinary maintenance in my estimates.CapEx/reserves - I also use 1% here.

However, if you do qualify as a full time real estate investor, as your primary occupation, then your profits in some real estate activities may qualify to be offset by “excess depreciation”.Another thing to keep in mind is that any depreciation deductions are recaptured as ordinary income when the subject property is sold.

Brits come here to Orlando and rent them for a month of more.

Thanks Brit F. , I think Dmitriy Fomichenko may want to chime in here.

5) Per my research, income from wholesaling is taxed as ordinary income.

Plus if its good enough Investor girl brit its good enough for me!  

When based in the UK we had a Brit veteran friend who lost both legs to diabetes, a prosthesis was not covered BUT a penile implant was ???