Someone retired or a younger person receiving social security and leads a quiet, sober life?

As for the hype you’ll find by the gurus on YouTube and other social media, even if they were able to conclude a couple of these deals (which is not certain, there’s a lot of lying out there), the fact that someone with 20 years of full time real estate experience can pull off 2 spectacular deals in a 20 year period is no way indicative of an inexperienced person being able to do the same in anything like a near term time frame . 

I have a VA that does our social media that I pay $3 and I have one that does lead gen that we pay $4 an hour and my property manager I pay $6 an hour.

To ascertain the effect on your tax status, including any potential advantages and deductions, speak with a tax specialist.Consider how your condo purchase fits into your long-term real estate investment strategy.

You might also want to list it on Airbnb, Zillow, Apartments.com and local and regional social media pages targeting your guest avatar.Good luck!

Source of income is now a protected status in the fair housing act, meaning you can’t deny because the applicant plans to use housing vouchers to pay rent, but that doesn’t mean you have to rent to them.

As a real estate agent, have you met the requirements for real estate professional status?

You can look up EIN on the state registry for companies but you need the social security number for humans.

Wealth in real estate is built on appreciation over a long period of time (e.g many investors in Bay Area and LA) but on BP and social media, cash flow is constantly pushed in inexpensive locations which likely won't appreciate enough to make up for all the costs.

I use my c-corp for flipping so I wont get tagged with dealer status.