Last I checked even our recliner breaks into 2 pieces.

So just bought a nice 2 acre piece of raw land to flip and not sure what to do with the storage shed (image attached) that's on it.

If your loan is under 5% and investment is over 10%, there is a good spread there where you can make money.Paying off loans does provide piece of mind.

Sending 100 mail pieces per mo isn't gong to make you any money.

Generally speaking you could put down $25k a piece on two solid B-Class duplexes or you could take the majority of the $50k & grab yourself a really high rent A-Grade duplex.To get some background on what I mean when I say B-Class or A-Grade check out The Ultimate Guide to Grading Cleveland Neighborhoods.

I have a piece of land under option, that I have been working with the City on a lot split and plans for construction of SFHs.  

It is just another piece of information.

Take the pieces you like the best out of the samples and, Ta-daa!!

In your case, maybe offering a mentor a piece of the deal in exchange for his knowledge/expertise.  

I was just saying in my post above that it's important that your accountant does taxes...PLUS be an advisor (which is where accountants bring the most value).To answer your question:I am assuming you are talking about a fix & flip, rather than a buy/hold.This will not go on Schedule D because you aren't selling an investment with capital gains/losses - you are selling a piece of inventory so there are no capital gains.