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6 May 2010 | 12 replies
Hi Andy,If your only real estate transactions are wholesales, you WILL be classifed a "dealer" by the IRS.
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8 July 2010 | 10 replies
Most taxing jurisdictions do not have a separate classification for Patio Homes.The term was first seen in print in the mid-1970s.[4] In a more generic sense it may refer to a home with a prominent patio, such as some traditional Mediterranean-style homes.[5]There is often confusion about what a patio home or cluster home is, and how it differs from a townhome.A townhome generally consists of three or more units with shared walls in a single building, and the townhome lot is limited to the ground on which the unit stands and perhaps a small rear patio area, with no additional private land.
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9 July 2010 | 21 replies
Google won't even pull up "real estate dealer license" So it must not exist ; } lol Update: Dealer is a tax classification and has nothing to do with licensingOriginally posted by Bill Patterson:It's not like a car or boat dealer license.
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16 July 2010 | 17 replies
You can use it for a home which is the lowest impact of all zoning classifications and later on you might want to convert the usuage to commercial.
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6 January 2010 | 26 replies
Or maybe something simple like a list of approved vendors in the resources section which also breaks them down by state and classification (lender, const. realtor, ect) so that it can be somewhat local in nature.Of course all the other provisions would apply, such as being nominated, and being in good standards and high regards.
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17 September 2016 | 20 replies
Upon researching this topic for my college paper, I had to find the NAICS Industry Classification Code for Real Estate Investors.
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26 April 2010 | 6 replies
These classifications all have different tax consequences and your transaction is treated somewhat differently.
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18 April 2010 | 2 replies
In all cases different type loan classifications carry different maximum interest rates.
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11 January 2011 | 15 replies
The neighborhoods are what I consider lower-middle class if that makes sense.
8 June 2009 | 1 reply
I have gotten a few calls from "real people" but most responses have been similar to the following, which arrived today:"Good Day,I was just browsing the housing classification and determine that your selling.