If yes, he/she has an understanding of real estate.There are some unique tax laws as it pertains to real estate - 1031 exchange, Cost segregation studies(bonus depreciation), Section 179 Expense, Real Estate Professional Status, etcBest of luck

I believe that we can prove that we materially participate in the property and rent the airbnb for less than 7 days on average; however, deeming this a residential property or non-residential is making my head spin a bit.Obviously there is a pretty large chunk of change on the line here so I'm hoping to find out how to manage this appropriately.

oh and also he was supposed to provided the leases for the tenants according to the contract and he never did , is that another clause I can use to prove his negligence? 

How would I go about proving that the smell is so bad that it needs to be replaced. 

While also reading multiple real estate books, a tax book, studying information on entities, and analyzing properties. 

While also reading multiple real estate books, a tax book, studying information on entities, and analyzing properties.

It will prove more valuable than anything else....

Prove me wrong if you disagree!

I'd highly recommend a site plan feasibility study before deciding in the direction.

That's not how it works.You would have to be able to prove that the seller and the agent knew that there was mold and termite damage.