For example no repairs to cars, quiet hours, all dogs must be on leashes, bbqing rules, etc. 

My questions are: 1) Does a big fix for the retail market automatically put profits into the "ordinary income" flip category?  

The property is worth 210k and I owe about 140k on it.I have another 80k saved up and would like to put about 60k towards my next property (leaving 20k for emergency funds, rehabs, personal fund etc.)I have zero debt (no student loans, no car payment) outside of the HELOC I had to purchase the first property I stated above and most of my living expenses are paid by my employer (car, gas, cell phone).I am based out of Central Pennsylvania and am looking to stay somewhat locally for my first few properties (Harrisburg, Camp Hill, Lancaster, Hershey etc.) and am not really interested in out of state investing.Just looking for some advice or input on what you would do next if you were in my situation,Any input and info would be greatly appreciated, Thanks!

"Where is" generally refers to movable,,personal property...cars, trucks, boats, etc., and not used for real property.

How do I get around my debt to income ratio now that I already have a brand new mortgage, car payment, paying rent, and college loan but a decently high salary? 

Damn, why can't I find houses where someone's left a welder and a car behind?

Hey Tyrone Watler im new as well i haven't tied down any deals as of yet but I didn't spend money on leads I did D4D (Driving4Dollars) and i actually got a few calls off of that...so maybe just gas the car up and do some canvassing u may find sumthn!

You do not automatically get to deduct $25K as a net passive loss allowance if you don't have at least $25K in net passive losses.  

It looks adorable and fits the neighborhood perfectly, but next time my husband wins and we'll do the 2 car garage. 

I was fed, enrolled in sports(which can be expensive), my parents helped fund half of my first car, college expenses, etc.