@Steven Hamilton II  @Lance Lvovsky What else constitutes educational purposes for tax deductions?

We haven't had this issue to deal with as to Gary's point we don't do enough to constitute paying HST, but we also don't get to use input tax credits and must include all of the tax as an expense for materials.

Below is something from the IRS website where they describe what constitutes a prohibited transaction.

To be clear, I'm not interested in what they "like", only what wouldn't constitute mortgage fraud and I wouldn't give any info to them that I don't have to.The second part of that is, could I have the home be my "residence", for mortgage purposes, if I didn't physically live in it most of the time?

That constitutes you receiving the tenant security deposits.

As to your message above, where in the law does it state that 6 or 7 wholesale deals in one year constitutes the requirement to hold a real estate license?

As our community continues to grow, it has become increasingly apparent that access to quality child care is a critical component in our mission,” Ferguson continued.National research reveals that there is a serious business case to being family friendly.The Best Place for Working Parents™ partnered with SMU’s Center on Research and Evaluation (CORE) to survey 825 families and working parents in May 2021 to learn what will constitute the “new world of work” – and what employees and employers need to know in order to thrive in the post-COVID environment.

Is your definition of what constitutes a true RE investor or trend investor the world-wide standard?

Not enough information here to determine appropriate tax treatment for the OP.And OP is out of his depth because he isn't familiar with the volumes of case law on what constitutes a trade or business and what may be one-off occurrence that is neither considerable, continuous nor regular, and the resulting treatment of a myriad of fact patterns under Sec 162, so he must rely on the posters here who are all talking at once from a half dozen different directions.One flip cannot be examined in a vacuum. 

Would this constitute as bad faith from the selling agent?