The law does not take intent into consideration, so it's bound to be bunk.Until I learn more I'm going to operate under the thought that if the law is not specific enough to tell me what I am classified as and does not let me know of the penalties I could face, then the law is unenforceable.

If worded creatively enough, classified ads in paper still pull, as do online classifieds.

If you use the usual split of 80% of the price as improvements, and 27.5 year straightline depreciation, then your deduction is $872 a year, making your taxable incom $5,128.But your ability to deduct that each year depends on your AGI, your other real estate investments, whether or not your a "real estate professional" by the IRS definition, and whether or not the IRS classifies you as a dealer.

From what I have seen of NE Minneapolis I would not classify the area as B but more of C to D.

He remains silent...LOL.Two relevant statutes:475.42...which classified brokering without a license as a 3rd degree felony475.43...which puts an end to using contracts to circumvent licensing laws.A BAR SALE is the acronym from brokerage activitiesAdvertiseBuyAppraiseRentSaleAuctionLease ExchangeFOR ANOTHER...so these unlicensed individuals using contracts to SELL FOR ANOTHER...are brokering without a license.

Because many landlords would not even think of renting to someone with the size of a small pony and it's likely these applicants have realized this.As far as I am aware, Great Danes are not one of the breeds of dogs that insurance companies classify as "aggressive". 

These lawyers are often classified as either real estate attorneys, or land use attorneys.

Unless you are changing the structural format of the property, then the structure is still classified as SFR. 

If you held the property for at least 12 months, maybe as a rental for some of that time, gains then can be classified long-term.

Source: http://www.chicagotribune.com/classified/realestate/chi-local-scene_chomes_0619jun19,0,2274548.column