Purchase price: $545,000 Cash invested: $545,000 New Construction Duplex - Beautiful Design and very nice curb appeal. 3 bedrooms 4 bathroom - All bedrooms have private bathrooms.

If there is no designation I would use an X as you stated.

If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.

And personal downsizing is always good for business!

They are designed to protect the seller (I have disclosed this), but not to substitute an inspection by the buyer.Sellers can only disclose what they have knowledge of.

What aspect of their business, the property managment software or investment management software.

This will set up your buy and hold business long term. 

That’s how the wealthy do it with real estate or businesses.

CA really cleaned up the fractional note business from my days of doing it in the 80s..

We jointly designed the house to their specs.