You need to speak to an attorney in your area as to keeping activities within the scope of the business at hand.BTW, you mentioned a savings account for deposits, you might check state law in your state as funds held may be required to be in a non-interest bearing ESCROW account, where the account is identified at the bank as an escrow account, not in a business account.

If the decedent really has a daughter, that's a slam dunk in identifying at least one of them, and possibly the only one.IMO, you're a ways off from even needing to look for the daughter.

When replacing the GFCI outlet make sure you identify the line side (power in) and the load side (power out) side.

Paul -- the property you identified (Canova, righ?)

One of the speakers at the BP summit identified Milwaukee as the foreclosure capital of the US currently.

You can identify property well in advance of the transition into your 1031.

They actually only identified $67k worth of work, I added a buffer for engineering, permits etc.

Yes, sounds like it... upon the first meeting with any potential customer he is to identify himself as a licensened real estate agent.

Many of the expenses related to flipping are easy to identify because they are direct expenses of getting the job done.There are many other expenses though that are not related to this flip job.

If you are identified as a time waster, you will be labeled as such and your construction rates just went up by quite a bit should you actually choose to hire someone after wasting a bunch of contractor's time.HOWEVER, most of us DO like to help real estate investors and homeowners!