Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...

Will you be in the Saturday class? If

However, there are many federal, state and local incentives for infrastructure investments.Asset Classification: Different infrastructure asset classes have specific tax treatments (such as power lines or pipe lines).

:  Finding a property manager can be difficult, especially if your property is not highly desirable class.  If

Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Hope this helps.

He/she will best be able to advise you on whether you should accept the default tax classification or make a corporate tax election for your entity.As Jon said, you should get an EIN before opening your bank account.

The FEMA map is always being updated with changes to classifications.

What I can say is there's 5%-20% chance you would lose money depending on the asset class. If

Fundamentally, the SEC established (in 1934) three classifications of investors: Accredited Investors, Non-Accredited Investors and Sophisticated Investors.  

You do not have to be a Real Estate Professional to take advantage of this active investment classification if you provide the material participation requirement.