Tony, I don't know how many hours per day you're devoting to this, but I don't think it's abnormal to not have found a deal in six weeks if you're new at this and still learning.

This class of property does NOT perform for the out of state investor that can't be hands on and devoted to managing them full time.

Bill Gulley Your super hero-like devotion to protect people from scammers is admirable.

hello I'm a contractor in tulsa area it seems hard to find a good devoted contractor I flip my own houses.

The BTA ruled that “where the owner of rental property devotes it rental purposes and exclusively to the production of taxable income, the property is used by him in a trade or business”.On appeal, the 6th Circuit came to the conclusion that the building (rented to multiple tenants) was a TB, but they got there via different means.

I am new to this industry and I was close bidding on a duplex in Durham, but I decided to devote more time to finding additional financing options.

How much time and energy do you have to devote to this?

If less than half, can only deduct expenses for those days (meaning no airfare and can only deduct lodging for those days devoted to investment research).

I know schedule's in REI are hectic, but it's okay when it's hectic and 100% devoted to real estate.

Exactly where we properly lie on that scale is based on our individual risk tolerance, our own expertise and competencies, drive, and our time devotion.