Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Or I could suck it up and create a brand new website on WordPress for $1000 and then not have to pay more than $10 a month for the web hosting. 

I believe buildings with five or more units are classified as multi-family properties.

Another angle might be looking at how the profits are classified.

If you are not Materially Participating, the loss will be reported on Form 8582 and like be classified as "Unallowed".The ordinary loss from Schedule E cannot offset the Schedule D capital gains. 

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Just want to mention that sometimes it works out better to raze an existing property down to like 2 studs and rebuild around it so that it still is classified as a remodel versus a complete new build. 

You can find it through the MNREIA web site or email me if you have any troubles.Type @ and the first few letters of a person's name to link.

Any recommendations on the most efficient way to track your time when classified as a real estate professional?