., in a real property trade or business) if:1) more than one-half of the personal services you provided during the year were performed in a real property trade or business in which you materially participated; AND2) the number of hours in which you materially participated in this real property trade or business was more than 750 hours; AND3) you must materially participate in each rental real estate activity unless you filed an election to group all rental real estate activities as one (and materially participate in that activity).A "real property trade or business" means any real property development, redevelopment, construction, reconstruction, acquisition, conversion, or rental operation, management, leasing, or brokerage trade or business.Personal services performed as an employee are not treated as being performed in a real property trade or business unless you are a more than 5% owner of the trade or business.For joint return purposes, the eligibility requirements are considered met if either you or your spouse separately satisfy the requirements.

I just joined BP and looked up where Whole Foods is developing new stores and New Orleans piqued my interest.

I worked in real estate from 2004-2009 as a project manager for a medium sized real estate developer, and had a few rentals.

Petersburg Road, there is developing a large new shopping center by the Capital Pro driver Allan Cream Remmel.

Maybe there are other issues here, but if I was looking for a $500K house to live in, this would be one of my target areas.Port Charlotte seems to have had a lot of horizontal development done and then work stopped. 

I’m sure it can be done honestly, but wonder how anyone establishes criteria like this without seeming arbitrary or without a large database of prior deals to draw from to develop such criteria.

Mailers to Vacant land owners (only in specific areas where development is ideal) 9.

You have to develop the type of skin that is resilient and bounces back in the face of adversity each and every time.

In an area that can appreciate north of 2%/year and really do 2-4%/year for next couple years (area was flattish for a couple years and surged 8% last year.. not a lot of room to develop further in a growing metro area).$206K purchase price.

Schedula A runs up to $2K while we spent on various development plans, soil testing and appraisals closer to $10K.