What is this, and how can an Asset Protection trust be a FAPT yet classified as a DAPT?

It will give you some background on what classifies as a true "community bank."

Also told that the part of the window that opened in a bedroom did not have a large enough opening for emergency egress, so we had to use a casement window or enlarge the window or classify the room as a den and then have a 2 bedroom house. 

This should be moved to the classified section.

If you wouldn't let your significant other walk em then I classify that as bad.

@Ronda Doxey Account ClosedIt boils down to whether or not Ronda is classified as a dealer.

Technology is not always good for us. what took me a year and a lot of money at least for the time period.. can now be duplicated at your home computer  LOL.. yup.And when my Dad started in the 60s  direct mail was alive and well its how all the land companies got leads that and of course advertising in the newspaper ( which I know most of our new BP members probably dont remember or even know what a classified add in a paper looks like). 

Correct me if I’m wrong, but what I hear you saying is that if the investor is an active participant in the investment, then the project wouldn’t be classified as a security?

This is not definitive yet, but it is a pretty strong argument to be classified as a dealer and use Schedule C.By the way, if you treat a flip as a short-term capital gain, you cannot deduct any of the stupid business overhead expenses, such as marketing and driving.

If you decided to hold the property as rental, then it should be classified as Fixed assets.