Donald on BiggerPockets, we're not politicians here.I happened to be of the opinion that interest earned by professional private lenders or hard money lenders is ordinary income for their lending businesses (as in "in the business of lending money"), as distinct from portfolio income on passive investments and casual loans.Eamonn - please correct me if I'm wrong and explain how would you classify the income and expenses of a HM lender, let's say operating as a partnership. 

Originally posted by @Aaron Smith:I'm compiled a list of neighborhoods in Columbus which I've classified with what I think is A,B,C,D areas.  

Entities formed as LLCs that are classified as partnerships for federal income tax purposes have the same filing requirements as domestic partnerships.

Greetings,My house has a small room next to the garage and I did some research on the property and it was classified as "entertainment" there is a gas line in there and the size of it is descent enough to rent it and convert it to a room (legally).How would you guys go about this?

And no you didn't mention debt, but I asked as I was trying to understand how net would be classified with those disregarded.

Also, we're hearing that interests in QOZ funds may be classified as securities, which adds a certain barrier and oversight to it. 

In my situation the closer you get to the center of downtown the higher the crime rate and the more likely I would classify an area as a warzone.2.)

Your first line quoted here states "what rehabbers do" then you go on about the clueless ones and wannabies which I would NOT classify as a rehabber, just as I don't classify those who call themslves wholesalers and do all the things they shouldn't (which this entire thread is about).

People love to say this, but it's just not true.I have 12-doors in Detroit, a market you would classify as "cheap".

These dividends are classified as a refund of overpaid premiums by the mutual insurance company which is why the dividends are not taxed.Think of it this way, if you buy a lemonade for $1 and hand the guy a 20, you will get $19 back.