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If you didn't receive any income but you had legitimate business expenses, you should still file a Schedule C to deduct those expenses. 

But if you want to use a conservative approach and use the extra cash flow to pay off debt versus further investing, I think that's a very legitimate way to go about it.

Hi AllJust joined the site.

Pent up  demand is a farce, you want to rationalize what is legitimate demand. 

Joining-  You're "Rough" grade lumber, is it even worth it to ship it to India/China? 

Here are a few tips to make the most of your time on the platform:1.Engage in Forums: Join discussions on the forums to connect with investors at all levels.

Just pay for the coaching, it will pay for itself eventually, you will get all the support you need to be successful and join a lively community of like-minded individuals all trying to help each other succeed.

We keep good books, have legitimate and good tax returns and can show tangible real income on these units.

Partnering with a wholesaler sounds fine, but check the real estate licensing laws in your state before bringing a buyer for a commission.You might consider getting your real estate agent's license and legitimately earn what your skills, drive, and experience truly command. exactly wholesaling or bird dogging is not a life time or long time occupation  RE sales can be lifetime and if your any good at it at about year 10 you should be getting all your sales from referrals and such.