However, it's still an office at the address of my business.Would it then be the "principal place of business".Actually, just reading through the publications again: TIRS pub 587: page 3, Principal Place of Business states:"Your home office will qualify as your principal place ofbusiness if you meet the following requirements.- You use it exclusively and regularly for administra-tive or management activities of your trade or busi-ness.- You have no other fixed location where you conductsubstantial administrative or management activitiesof your trade or business."

Your numbers look like you will cash flow around $500 for the 3 doors.Aurora, Illinois, I guess you could use the basement for a public access TV show..."

Cross check sold listings with public records to determine who the buyer was.

I assume that's not the case...Regardless, if you do a double close, the seller won't know about your end-buyer and your end-buyer won't know how much you purchased the property for -- at least not until after the transaction is completed (the information will eventually be public record).

As, a wholesaler, you deals should never make it out to public clubs, because if it's there, it's not good enough.

You will need education, licensing and mentoring by a licensed professional.If you would like to concentrate on hobbies, family or mowing the lawn and like being a handyman on the side, then property management may be the way to go.If too much time on your hands will boar you to tears but you want the independence of being "self-employed" then maybe it would be a good idea to look into doing real estate sales.It really depends on what you want out of your career change.

There used to be a saying "As California goes, so goes the nation", with the liberal policies of California, cities/counties filing bankruptcy, prisons releasing thousands of prisoners, hundreds of millions in unfunded public employee union obligations, taxes and fees on every conceivable thing going up.....

Instead of getting paid for bringing deals, ask if you can take your pay in education and training.

Joe Hartman You have been doing your research on the forum so looks like you have got a pretty good education to place this as your first posting on the forums.

Here is another link to a site produced by Antelope Valley Education & Research Foundation.