Most residential developers specialize in one of three areas: - Entitlements & Permitting (Paper Lots) - Horizontal Development (Finished Lots) - Vertical Development (Finished Homes)Some developers focus on multiple, depending on the market, their risk tolerance, and other factors.Historically, we've focused on entitlements and permitting, with some horizontal development.

There are THREE - not one!

Additionally, I am in the process of closing on a commercial property, which requires a $300K down payment by October 15.If I settle the tax bill, I won’t have sufficient funds for the property down payment.

The lender assesses whether the rental income is sufficient to cover the loan payments.

The city’s buzzing with major projects like Intel’s $20 billion plant, Google’s three data centers, and big land buys from Amazon and Meta.

Start-up costs are also deductible but are amortized over 15 years with a limit of 5k.Start-up costs have strict rules and your case might not be the same as this one.Case Summary:Timeline line of eventsStarted investigating property: FebPut first contract (canceled): MayBought first property: December 30thWhether a taxpayer is engaged in a trade or business is determined using a facts and circumstances test under which courts have focused on the following three factors that indicate the existence of a trade or business:Whether the taxpayer undertook the activity intending to earn a profit;Whether the taxpayer is regularly and actively involved in the activity; andWhether the taxpayer's activity has actually commenced.On the basis investor testimony, we may assume that he undertook this activity to make a profit and that he regularly and actively engaged in it.

The Escrow lady was furious said their own notaries were the only ones who could do it and each person would have to fill out a "Statement of Fact" statement of facts from each of the people that had signed the quit claims the problem with this is that three of them that absolutely want nothing to do with the property and don't want to be bothered and are mad as hell because basically they had signed off on it and considered it done, and then not only did they want them to resign with their own notary but to fill out the "statement of fact" which asked a lot of personal questions that nobody wants to give the answers to this day and age let alone on a property that you are having nothing to do with anymore.

He shows three asset protection scenarios, beginner, intermediate and high net worth individual with offshore LLCs/trusts.

I build for investors for rentals or who sell them. originally from columbus but relocated to brickell / miami three months ago

First Issue, three vacancies.