There is a classified section for Asking or Offering.

The east side of 35W doesn't really have a great name to classify it all.

And the Judge gave him a 6 month extension because he claimed he was shipping out in two weeks on a "classified mission".

This won't work, however, for the vast majority of oceanfront resorts here along the Grand Strand which get classified by lenders as 'condotels'. 

I am not suggesting you do this, but if you read through it you will have a much better understanding of how to set up and classify things in Quickbooks.

If you wanted so much as an outlet you would need to permit it and classify it as an ADU.  

Even if you own, run, and operate your own real estate business, real estate is still classified as an investmnt class.

Stefan,I would classify this as a hybrid because the owner is also carrying back their equity in the property, not a straight subto; regardless, there are a few things you need to protect yourself in the deal. 

And the IRS does do this.Here are some factors from a case.In determining whether the income should be classified as ordinary income or capital gain, the court evaluated nine criteria: (1) the taxpayer’s purpose in acquiring the property; (2) the purpose for which the property was subsequently held; (3) the taxpayer’s everyday business and the relationship of the income from the property to the taxpayer’s total income; (4) the frequency, continuity, and substantiality of sales of property; (5) the extent of developing and improving the property to increase sales revenue; (6) the extent to which the taxpayer used advertising, promotion, or other activities to increase sales; (7) the use of a business office for the sale of property; (8) the character and degree of supervision or control the taxpayer exercised over any representative selling the property; and (9) the time and effort the taxpayer habitually devoted to sales of property.

Sorry - I just saw your post above :)Given the avg is less than 7 days in 2022- Could this technically be completely classified as a STR for 2022?