I would love to meet some new members, young or no, whose goals might include a solid cash flow and providing good value to renters who are exploited or poorly treated by unresponsive landlords or large corporate operations.  

If they treat you poorly in the sales process, they will treat you poorly when your locked in a 1 year contract.

@Sheena Varghese For flips taking over a year, the IRS treats them as business inventory, so profits are taxed as ordinary income, not capital gains, regardless of the holding period.

Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other types of income.

I thought they were treated differently.

Friends of friends look good, anxious to take possession asap, even tell me openly they will be on the street by dd/mm/yy.We have to treat them just like every other applicant, even though we didn't sign up to be a Social Service for the County. 

When you say a bitcoin is worth $10000 dollars you are treating it as an asset but not a currency.

@Jessica Howell To transfer funds between LLCs, use a formal loan agreement or document it as an equity contribution while maintaining clear records.Depositing personal money into an LLC should be treated as either a capital contribution or a loan with repayment terms.

Whether I find a new tenant or not, the departing tenant moves out after 30 days and is treated like an ordinary termination, which means I process their deposit like normal and they can earn a good landlord reference.2.

Flea infestations can take awhile to treat and NO contractor is going to do repairs until that's done.