This type of market is characterized by bidding wars and properties selling above asking price as competition among buyers intensifies for the limited housing stock available.

This is how her record keeping was characterized.

Crossover with an increasing interest in structured debt, special purpose vehicles, and the profitability of syndicating collateralized assets, and the price paid for these assets, as characterized by expected return, has increased significantly while expected return has fallen off a cliff.We are improving our use of technology through on line marketing strategies, specifically our web presence, SEO, SEM, and identifying our referral base and directly contacting them to try to identify those investment opportunities that meet our risk/reward profile.  40 + years ago when I began real property investing, as well as investing in discounted second lien notes, it was almost a “pick and choose” situation.

I"ll address this as delicately as I can for obvious reasons, but I feel like Trump is typically characterized as a nationalist while Biden is typically characterized as a globalist, but we've had inflation under Biden's administration (I do want to point out that Bush 2, Obama, Trump, and Biden pumped trillions into the economy, so hopefully we can ignore politics in general). 

I certainly wouldn't want a 2/1 in any area characterized by families.

(Its really the same thing as having carryover losses with capital gains/losses)REAL BRIEFLY (since we have many whole threads on this) In trying to realize these PAL sooner, you get into the $25k for material participation if your income is less than $100k (and phases out by $150k) or if you qualify for the IRS' Real Estate Professional Status (which the name is somewhat of a misnomer) then you can realize the PAL on your main 1040 form (it doesn't change the characterization of the income, however).Anyway, hope this helps. 

In Las Vegas, a balanced market is characterized by six months of inventory, where the number of sellers is roughly equal to the number of buyers.

You should track everything and then touch base with a CPA as to what way it should be characterized. 

Chino Hills: This is a pleasant suburban neighborhood characterized by well-maintained homes and tree-lined streets.

I think the issue is that since we're real estate professionals it's characterizing our rental income as non-passive and thus not allowing the passive syndication losses to offset it.