The totality of the facts and circumstances surrounding the use of the property must support a conclusion that the alleged rental activities were sufficient, continuous, and substantial enough to constitute a trade or business with respect to the rental of the property.Rental Activity Held to Be a Trade or Business..In the following cases, the court held that the taxpayer's rental of real estate constituted a trade or business. • In Gilford, a taxpayer was held to be in a rental trade or business when she was involved in regular and continuous activity for eight buildings on eight separate parcels of land.

It seems like everyone on earth is trying to be a wholesaler right now, and 99% of them have never done any property investing and have no idea what constitutes a deal.

Renting out your primary residence directly after taking out a loan with owner-occupied financing very well may constitute mortgage fraud.

Time periods after the home was used as the principal residence do not constitute a nonqualified use.

Can someone please direct me to the North Carolina law that tells me exactly what constitutes abandonment of a building?

Re: "you are not in the business of lending money".In your context, what would constitute being in the business of lending money?

Simply lending money (such as a promissory note to an unrelated person on market terms) will not constitute business income.

They can have their ESA, but it's going to cost them if there's damage to the property.Regarding landlord insurance, if the presence of any animal invalidates your existing insurance, it may be worth seeing whether this change in cost to you, can be passed through to the tenant, as it constitutes a direct and attributable loss to you, by accepting them.Disclosure: The above are ideas; I am no lawyer so the above should be validated by one should you wish to adopt such a strategy.

What is the one thing, if someone had to learn something about real estate investing, that you believe would constitute as being the most significant/important to know/understand?

He shows how the masses have flawed thinking when it comes to money and what really constitutes an investment.