The thought hit me that the IRS has distinctions between being a dealer and not being a dealer.

@Saberian Younger  my point was certain markets may look good on paper and give people the impression they can just jump in as passive investors.. ( like Austin you could do that) but other markets you could lose all your money if your not wise and careful. the study makes no distinction to RISK / REWARD

If the same person controls multiple entities, then the rules may apply; however, there is no clear distinction in the Act as it does not address this issue.We believe you may own several entities doing up to 3 deals and comply with the exemption.� What is the penalty if I don’t comply with Dodd-Frank and I’m not exempt?

I'm curious if any other rehabbers have a distinctive item on their houses?

But someone using LA Home Buyers as a DBA is legally distinct.

Rafael, try Brian Harlan of Distinctive Homes In Kennett. 

Samuel:Let's draw the distinction between "people still buying real estate" and "people are still able afford real estate".  

Both of the asset categories have distinct investment cycles.  

This gives them a distinct advantage in business whether it be real estate or any other venture. 

The quote tries to make a distinction between earned income and passive income.