., don't let them consider me a "dealer" but he said something about Schedule A and I said, "I don't file a Schedule A," so I asked him to help me develop a tax strategy.All my income is interest and capital gains (principle) on installment sales of land.

The HOA is shooting itself in the foot, they would rather have vacant homes to become drug houses than occupied by families.

Probably more than 80% fail, recent laws may apply to financing residential sales and Options can be seen as a financing method.You need a good RE financing understanding to make sure your Options will work when buyers are required to (even at thier option) to belly up, not doing so can put you in a position as a predatory lender or dealer.

I don't thinik you should use the car dealer metaphor, I have seen more shady *&^% done at car dealerships and motorcycle dealers than anywhere else.

However, the people getting rich of this scheme are the platforms (or broker-dealers) and the service firms (lawyers, accountants, etc.)

We kicked out drug dealers.

There were drug problems, prostitution, and the likes in the park.

Another issue, it's a dealer note, owner occupied, it's about to be subject to servicing requirements, another reason he may be selling.

The issue is the car dealer lobby is powerful and has deep pockets so they've been able to get politicians to make ridiculous arguments against Tesla to protect the interests of the dealerships. 

And if my intent is to flip, am I autmatically considered a "dealer?"