I tried to get an idea what the neighborhood classification is but there are the boundaries of 4 main areas/towns/neighborhoods all meeting close to the interstate intersection and I can't figure out if the place I am looking at is in a good area or not.

Hey All,

What does everyone list as business type when using Turbo Tax as a real estate investor? The codes and business types that it returns when entering real estate investor or real estate buyer do not se...

Best advice I can give is that you use the evaluation method that is appropriate for the asset class.  If

That said, here are the basic steps: - File your Articles of Organization (here is the Kentucky template, given you appear to be live there: http://www.sos.ky.gov/NR/rdonlyres/50E8E38F-40BA-4636-A6F1-89B47E3F5DDA/0/FillableKLCArticlesofOrganizationProfitLimitedLiabilityCompany.pdf) - Create an Operating Agreement for the business - Get a Federal EIN number (http://www.irs.gov/businesses/small/article/0,,id=97860,00.html) - Use IRS Form 8832 to elect a specific entity classification to optimize your business from a tax perspective (http://www.irs.gov/pub/irs-pdf/f8832.pdf) - Register with your state Dept of Revenue so you can submit/file income taxes - Register with your state Dept of Labor (if you have employees) so you can submit/file withholding taxes - Figure out your state and federal tax filing requirements based on your specific tax election and state requirements - Do any other state- and business-specific stuff necessary to maintain the LLC (such as pay annual fees, hold annual meetings, etc) There are the basics.

They might pay the kind of money if location is good to make you whole.Even though the general zoning is C-1 which allows according to you for many classifications the site plans still have to be approved by the county, city.

It's more or less in line with your classification, but with a few good points about "wants": malls, shopping, entertainment being in proximity to class A.

If you're an agent this is a good way to get listings even if it's not something you want to buy personally.4) There's usually a zoning classification specifically for multifamilies.

It also depends on the asset class. If

On it, they will provide their taxpayer ID as well as classification. 

., Multifamily or apartments, condominiums, or anyplace someone could legally call home.Commercial includes: Retail, Office, Industrial, Office.Zoning Classifications seem to follow this logic, with Industrial (I) residential (R), office (O) and retail (R) as main classifications, and many "sub-uses" under each (I, R, O, F).