We built our house from the ground up, so she uses it as a resume to be able to demonstrate her knowledge of renovations/capability in design.

She then claimed it was a service animal which clearly demonstrates she's simply trying to game the system to by-pass your pet policy.Then, she violates her lease by subletting to someone without your permission.

The option above gives you all the control of the funds...but sometimes showing a loan in this fashion demonstrates more protection to the lender (if you default they get the property). 

Again, you can access conduit loans through a commercial broker.Your track record of experience with the asset class will have significant impact on whether a loan is considered, as well as your ability to negotiate the terms of the loan, so be prepared to demonstrate your experience, or the team you have built around you who has the experience.

. • Members of the California State Bar need to demonstrate that they have satisfied the two years full-time licensed salesperson experience requirement or have at least two years real estate related experience while practicing law in California.Other types of direct real estate-related experience will be considered, provided that it satisfies the intent of the law.

Dig deep in legal aspects related to this subject and demonstrate knowledge beyond that of a straw man dealer with sizzle.

The ones with the sponsors who can answer your questions, demonstrate that they're of impeccable character, and who can deliver projects with large margins of safety while exceeding what your risk capital can capture in the public securities markets.  

The real estate professional designation and the demonstrated expertise is important and its possible that they make wholesaling illegal without it at some point.

Let's say a rental property gets 12k in rental income, passive.Cost seg gets 50k, resulting in passive activity loss of around 38k.The amount of passive losses carries from the Sch E to the 8582 to determine the loss allowed.In this case I assume no other passive activities and no active participation exception.In this case the amount paid for the cost seg is worthless and may be for several years, especially considering rent may stay stable while other expenses have not been accounted for which add to the depreciation carryforward and add to the chance of limitation (in this very over simplified example).No losses are allowed on Schedule E, which flows to Schedule 1, to the front page of the 1040.Again, just a simple demonstration of the flow of the return.

@Joseph M.As this crisis clearly demonstrated, local is not necessary.That said, your local one is @Linda Weygant - find her on this forum