In the present case, the transient rentals of petitioners' property likewise entailed sufficient activities to constitute a trade or business, and while these activities were conducted by B'Mae's, they are attributable to petitioners for purposes of determining whether petitioners were engaged in a tradeor business.”Again, that the taxpayer was “passive” did not matter.

Therefore it might be the case that these administrative entities (which are in charge of such classifications for such account) may not agree with the assertions of the plaintiffs.

Check out The Ultimate Guide to Grading Cleveland Neighborhoods for reference on what B and other grades entail.

Just follow your state's laws on deposits which usually entails providing a notice for what is being withheld etc within a certain time.

@Daniel McFadden  Nobody can "confirm" assertively at this early point.

Number 3 would entail a bit of research.

I disagree with your assertion that a positive cash flow from your first rental property does not change the DTI you had before you acquired the rental property.

If he isn't the owner, it's very logical that he won't allow you to talk to the actual owner and will say she doesn't want to talk to you...It sounds like this guy is one of those who just need an ax to grind and an insecure ego with a need to assert himself as someone important...This guy can't sue you for something he is claiming you did to his property because it's simply not his property.

I'm excited about getting my first property but scared at the same time for what this might entail.

Wondering what this would entail.