Sellers had multiple "accepted" offers and all were placed in interpleader accounts. 

For me, it started with Think and Grow Rich too—it shifted my whole perspective on what’s possible.

Summary: 7 loans outstanding: 4 in foreclosure, 1 in default - trying to develop a plan before I begin foreclosing, 1 current, but has needed multiple payoff extensions, 1 current with no issues.

Its no surprise that also took them a week to go and turn it off.I had 2 perspective tenants waiting for over a month with their national background check only to find out there were alternatives we could use to get a report in minutes but they refused to not use that company.Finally I get a tenant after 3 months on the market who is someone who was fully approved by the rent amount was 200 dollars less than market value a month so I agreed because it was just before winter when its harder to get someone in.

Will the capital gains in this scenario be considered passive income from an IRS perspective ?

It is not uncommon for auctions like this one to get rescheduled multiple times before ever actually making it to the courthouse steps. 

Then, I spoke with several acquisition managers with very limited knowledge on how to evaluate a deal but this time, the company they were working for was sued by multiple homeowners for fraud.

My coach suggested (and I implemented) a "must do tracker"....it's a color coded spreadsheet (I like to print multiple copies and keep them on a clipboard to stay in my sight/top of mind). 

@Grace Tapfuma I have no idea how things work in Australia but if I were you in the US…Don’t sell the business.Businesses usually sell for a much lower multiple of their products income than real estate does.To be honest, you’ve built out a lot of infrastructure to create a successful business and maybe reinvesting in it would create a much better return on investment.For which you could reinvest those future profits into real estate, once you’ve scaled your business into a money making machine that isn’t so dependent upon YOU to drive the bottom line.I had a friend (38 years old) just recently sell his medical device company for $30M dollars and now he’s using this chapter of his life to passively invest in real estate ventures.Meanwhile, I’ve been toiling out here for 19 years as a real estate investor and I’ve built a portfolio worth $18M and have a net worth of $5M at 41 years old.Sometimes the grass isn’t greener on the other side.Correct me if I’m missing something!

Over months of working with her, I encountered severe issues, including:Lack of Communication & Accountability – Corina ignored multiple emails for weeks or even months, providing misleading or vague responses instead of real updates.