American children and students are taught how to develop themselves to be desirable to an employer, how to pay into the system and work full time or double time to until they either drop dead or live long enough to "retire."  

The repair doesn't get made.My lease is clear that tenants must give the vendor access during ordinary business hours.

The American market isn't strictly RE driven. 

If we are classified as dealers under the tax code, it seems any profit a partner takes home would be taxed at their ordinary income rate vs. capital gains tax if we were considered investors?

Later, in the early 1900’s, through child labor laws, anti-trust legislation and other regulations they recognized that allowing the richest minority to unfairly and unduly exploit the majority of the people is un-American. 

Capex is separate from ordinary maintenance.There are also considerations when buying an occupied rental.

Far better than anything you could have done in a stock fund or just about any other real estate investment.As someone who once had 83 sfh rentals in middle class american towns here in illinois, these str's here are without a doubt far better investments.

Chris Lewis American Modern. 

But if you have done cost segregation studies and have 1245 / ordinary recapture to deal with, all of that income is taxed in the year of the sale, regardless of what you received for proceeds.Not previously as big of an issue, but in this world that we have had the last few years of 100% bonus depreciation, it is rearing its head more and more often.

Active Income: Profits from fix & flips are considered active income, subject to ordinary income tax rates, unless structured through a business entity.4.