If you put a drug dealer and a gangster in your unit, do you have to suck up and let him do anything, because he pays for your mortgage?

In speaking with a local tax attorney, I was told that 2013 was the last year I could use the Schedule D for form 1040 for short-term capital gains and that I would do better to file as an S corporation as I will now be considered a dealer for 2014.

Dealer status depends pretty much on what you intend to do with the property when you make the purchase.

Firstly I avoid the dealers, and that includes people that buy used appliances clean them up and make minor repairs, then sell them out of their garage.

Get to know the neighborhood and learn what time the crack dealers show up on the street corner, when the gangs like to cruise, and when the winos are into their first pint (don't worry about pint number 4) and adjust your schedule accordingly...

He advised me to do a prefab home because his partner is the dealer in the area for a prefab home company and it would be faster and cheaper than doing a stick built home.  

A used stainless steel stove from a dealer will cost you about 230-300. 

If you completed true flips, then you engaged in dealer transactions that are typically reported on Schedule C if you did these in your own name as a sole proprietor. 

When did you get your last deal @Eric Yu

We are VERY close to getting interoperability bn broker-dealer ATS to trade a tokenized interest across multiple ATS, increasing exposure.