Sourced it from digital marketing (he came to our site via SEO).I paid $45k for it and sold it for $225k within 4 months purchase to close. 

You may be better served to look at your internal rate of return which is the sum of all those sources of revenue - noi, appreciation, debt pay down etc. 

Should you, me or anyone reading this start down the road of real estate investing (With an iron Will to see it through, even though it will only ever be a source of income and a necessary, although not particularly enjoyed venture?)

Most real estate friendly mail providers will have a minimum of around 200, some even less, but it takes a considerable amount more to source deals.

Could it argues they aren't subject to the 10k limit maybe; however I'd prefer to capitalize them in this situation.Here is a great article on the topic: https://www.lindsayandbrownell...First, the article is just some law firm blog - no more authoritative than your or mine personal opinion.

I cannot point you to a definitive source confirming my opinion, but I believe that the definition covers any income on which you pay self-employment (Soc Security / Medicare) taxes.

The good news is; this downturn in the markets is from an external source and not economic related, so perhaps the downturn will recover quickly once the virus is under control. 

I have sourced all my own sub-contractors from flipping houses over the years, so there's no set "builder" that I will use. 

RentBankProvides Toronto renters an interest-free repayable loan to low-income families to help cover one month's rentTo qualify: Must live in Toronto with ongoing source of income or currently receive income through social assistance, and the rental unit must be covered under the Residential Tenancies Act2. 

People should check their sources.