Welome to BP Jackson E. tons of great info available any many knowledgeable professionals on here sharing information.

I have plenty of insurance to cover me for any lawsuit and when I file my taxes I simply file a basic tax return with a schedule E for each property.

Is there a case where the following occurred, in which the IRS has claimed a victory for the defendant under the following:-High W-2 income earner invests in short term rentals-taxpayer is not a real estate professional -offers rental for less than 7 days on average-materially participates and more hours than anyone else etc etc (100 hours and so forth)-files it on schedule E as passive and does not offer substantial services to be classified as schedule C - cost segs a million dollar purchase for 200k and deducts from W-2 income to owe no taxes There are a ton of moving pieces with this, and the more complicated something is with the IRS the worse it is for the taxpayer when dealing with an audit.

Their credit score is definitely bad, but I'd give more weight to a paid off account that used to be delinquent than a charged off account that's still unpaid.

Good agents are worth their weight in gold!

he has some great material on buying condos, beach resorts and hotels also but their pretty rare and hard to find those anymore. let me know what you guys think also you can sign for their free newsletter and they will send you free e-books on different courses;)

But my own personal experiences..and I do have all the e-mails printed..Not to mention the havic her body showing up in my homestate had on my children..Well caotic...

But if you could please e-mail me or PM so as you are not to get into trouble for soliciting or spaming on biggerpockets!

I have talked to many people, i have even traveled 300 miles in a snow storm to talk to two people in cleveland oh (and that was extremely valuable lessons), I have e-mailed many from this web site (and every last one has been extremely informative and willing to give their opinion)...

Please feel free to contact me by e-mail or phone and we can disucss in more detail what you are looking to get in to.