Internal Revenue Code § 453 defines a dealer disposition as Any disposition of real property which is held by the taxpayer for sale to customers in the ordinary course of the taxpayer’s trade or business.

That’s according to a new survey from Constant Contact.

I would refer you to an Intrawest Owned Rental company and have them show you the comparable #s for like kind units and they they let you connect your own numbers.

Reminder: This ends tomorrow (Dec 31).For more detail on what is included at no charge (quite a bit -- name check; filing; bylaws / operating agreement; share/member certs; QuickBooks Simple Start): Check the biggerpockets classified:http://www.biggerpockets.com/forums/53/topics/26064-free-llcs-corps-from-intuit-s-mycorp-ends-dec-31-?

Most of the time the #'s don't hold water anyway.

Who said he's ONLY buying properties at the 100's mark?

Sounds like an underwriter’s wet dream to me, especially in this market.

I have an S Corp that is only a few months old, and I have terrible personal credit.BUT.

:wink: S and S

Dubai, the second-biggest of the U.A.E.’s seven states, benefited from an inflow of international investors eager to tap the Gulf’s wealth after a six-year surge in oil prices.