Assuming that the offering was a securities offering, as opposed to a joint venture, we’d need to know first if the offering was a registered offering or was claiming an exemption from registration.  

@Nicholas GugginoStarting real estate investing with a steady W2 job can help secure financing for your first property.

At what point does accepting capital, using the capital in private lending, and paying interest on the capital become a security?

We refer to this as reconciling to the previous tax return.As far as where to get the information to calculate some of these values, most of it can be derived from the closing/settlement documents for the fixed asset.To calculate depreciation, amortization, etc, you'll dig through IRS publications.

I'm 23 years old and plan to use real estate for my retirement, but that's in the distant future.My question is whether it's better to pay off the mortgage as quickly as possible or to buy a rental property as soon as possible.My thoughts are that if I pay off my home, I'll have security and more money each month to invest, as I won't have to make mortgage or rent payments.

someone will say yes.Feel free to reach out directly if you’d like to talk about the scripts, structure, and systems I’ve used to secure private lending deals. 

The definition of qualified property under Section 179 was expanded in 2017 under TCJA to include the following real property improvements to nonresidential buildings: Roofing Fire protection and alarm systems Security systems HVAC systems So you can expense roofing under Section 179 as long as it is an improvement to a commercial property and meets the Section 179 criteria. 

Have you ever faced difficulty securing private funding?

Money from these investments will be used to fund more fix and flips and for every 5 completed fix and flips, we will use a portion of that capital to secure 1 rental property (either SFR or MFR).TIME FRAME See GOALS section for short and long term time frames.

Isn't some sort of certificate of compliance supposed to be secured by the city inspector saying as much?