Welcome to the BP forums, I wish your intro was under better circumstances but wishing you the best as you move towards a resolution.I have an expeditor who I've worked with for over 5 years.

TN is unique because foreclosure proceedings can be either judicial or non-judicial depending on the circumstances. 

I'm not too sure about what the circumstances are like in Belgium, but it is possible here in the States.

Sure, it's 1954... there must have been a zillion cases and whatnot since then.And with Section 199A, you can use either the safe harbor or facts/circumstances to support 162 (frankly, the safe harbors are anything but safe, I'd take my chances on simply arguing continuous, regular, profit motive, etc.).Perhaps DM me.

Within the context of North Carolina, the statutes outline two distinct procedures for tax foreclosure.

Good to know about the distinction and I'll keep that in mind.

And it's commercial, intent is for revenue purposes, so revenue is the most important of the 3 to consider, by far, unless there is some extenuating circumstance. 

Louisiana law states that any tenant who breaks a lease and leaves early (except under some circumstances, and this isn’t one of them) must continue paying rent for the duration of the lease or until I find a new tenant, whichever happens first.

While you can use your own funds, alternative sources like hard money lenders and private money lenders offer distinct advantages.

Here is the summary if you are interested.In this case, the main question is when did the investor completed his start-up phase and became actively engaged in his business.Whether a taxpayer is engaged in a trade or business is determined using a facts and circumstances test under which courts have focused on the following three factors that indicate the existence of a trade or business: (1) whether the taxpayer undertook the activity intending to earn a profit; (2) whether the taxpayer is regularly and actively involved in the activity; and (3) whether the taxpayer's activity has actually commenced.