IE  tax's insurance and a mere 500 for reserves..

You merely need to meet material participation with regard to the activity.A short-term rental would also generally not be allowed the up-to-$25k rental real estate passive allowance for active participation. 

It costs a mere $1.00 to validate your identity and you'll get all kinds of discount coupons in the mail that more than make up for the petty expense. 

Tax-deductible does not make something free, it merely provides a discount. 

Which gave me red flags , I’m still trying to narrow down a area I can focus in , that has a good balance.

I'm a total newb myself, so take whatever I say as mere observation. 

I think an argument could be made by a JAG officer that accepting discounts by mere virtue of your rank could frown badly upon the military.The DOJ and other federal agencies *definitely* have such ethical provisions in their operational texts.

The 70% rule is merely a suggestion on where you will yield the profits that fit this model.

The MLS is merely a real estate marketplace.... don't make it more than that.

We are exempt from TRELA (Texas real estate licensing act), so you can determine our level of involvement - everything from merely drafting contracts to full broker representation.