Flipping is more than likely to be considered trade or business.2) Rentals: Rentals are not considered trade or business for this purpose, so initial inventory costs cannot be deducted as travel expenses.

Because of the frustration, when asked to purchase the large lot in front of their house which leads to the main road, they turned it down.

However, after waiting and testing again, the backup reoccurred.At this point, the plumber snaked the line from the cleanout towards the city’s main sewer line.

Note both of these options require paying the tenant to vacate for a no-fault eviction (terrible name as if lease is up it is not an eviction).Note terminating a lease agreement for the purpose of rehabbing the unit is under attack in some places in the county. 

I believe it to be a little Southern California hidden treasure for cashflow, mainly class C but if you know what you are doing its a really good option to invest locally in CA with decent returns.

Quote from @Nick Henry: Hi there - I am starting out in real estate investing and am trying to build a portfolio of rentals that can produce enough cash flow for me to eventually leave my job and make real estate my main job.

The expansion of ADUs hence serves a dual purpose, simultaneously addressing housing affordability concerns and nurturing the urban economic vitality.As far as sewer and water, they would be pulled off the main in the back of the property.

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

I joined for 2 main reasons: 1.

Who’s your main audience right now—parents, fans, or a mix of both?