Adam FlackSouthern Capital Enterprises, LLC

The IRS has broad flexibility using the facts and circumstances of a particular case to make a determination if the tax-exempt is substantially acting like a competing commercial enterprise. 

I'm sure your company does fantastic work, but please speak with your in house counsel about what states such plans are best for, as I, or any enterprising collections firm, would tell you differently.DISCLAIMER: The above, again, is not legal advice.

I develop enterprise applications for a living.

You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”The Mexican fisherman asked, “But, how long will this all take?”

It's applied to each real estate enterprise. 

The system is clearly broken in more than one spot right now and I hope some enterprising lawyer goes big tobacco on the banks and makes a lot of class action plaintiffs rich!

In a hard money loan, with a one-on-one relation between the borrower and lender, it is likely that no common enterprise exists.

There are only two predefined reports for Class:--Profit & Loss by Class-- Balance Sheet by Class (available only in Accountant and Enterprise version)Here is a list of predefined reports you can view when using Job:

For profit enterprises should proudly state such, and stop trying to satisfy the anti free market groups with self serving statements of "greater altruistic" purpose.