There are states that have specifically labeled " rent credits" as credit transactions, because they are.

Check out the tab up top labeled "Learn" and make sure to go through the Beginner's guide.

Right now I am labeled on this site as a wholesaler and I've been trying to change it to rehabber/wholesaler.

I think it's absolutely ridiculous to watch someone like a hawk because they are labeled a felon.If Martha Stewart decided to completely redesign your properties for free do you think tenants would be upset with that felon roaming around your property unattended?

I don't think the guru label fits him either.

Could easily be labeled as one.

Labels you as a (very) recent Seminar/Webinar graduate.Good Luck Investing, MikePS Do not have "Real Estate Investor" on your biz cards.

Contrary to popular belief, being labeled a "dealer" doesn't mean that all your properties are subject to ordinary income; likewise, not being labeled a dealer doesn't mean that all of your properties are subject to capital gains.Each property will need to stand on its own merits, and the determination of whether a particular property should be taxed as ordinary income or capital gains will be made based on the intent of the transaction, not a "dealer" label applied to a business or individual.That said, if you are labeled a "dealer," you may find that you have a higher bar set for declaring one of your properties to be an investment as opposed to inventory.

No idea how to attach files to the BP boards.Here's my disclaimer: there are very few labels, and it was never meant to make sense to anyone but me. :)If you want to start from scratch, here's all you need (and if anyone can lend further insight, please do)...1. lots of time!

At the very least if this is pursued you should bring in a local investor partner that has experience in ground up development to give yourself a fighting chance.There are calculated risks and then insane risks.Let's keep the content and discussion respectful on here without throwing labels around.