@Ashish Acharya are those the 750 hours, 50% of time and the materially participate rules?

Hello - I am planning to participate in the Tax Deed auctions coming up for a few counties --- I have a short list of the properties and need a good RE Attorney who has deep understanding and experience with Tax deed properties(Prefer Eastside but all seattle area ok)

A barely-buildable postage stamp of a lot in an outer part of the LA basin.

total newb to the BP universe, and frankly upset that I barely became a member at the ripe ol age of 34!

@Travis Doyle, yes, the sponsor also participates in the cash flow.

Hi, I own an unimproved lot and capitalize HOA fees and property taxes every year to increase the property basis by amending my taxes and adding something like the following “magic” text as required by the IRS:“For tax year 2021, taxpayer hereby elects under Code Section 266 and IRS Regulations 1.266-1 to capitalize, rather than deduct HOA fees paid in the amount of $#### and $#### property taxes as carrying costs on a vacant lot that is unimproved and non-productive bare land.

I know of a wholesaler who is barely surviving, and he started at the best time (2009 - 2010) and he's spending $50,000 a month on direct mailers. 

We are connected to a network of top service providers (lawyers, architects, developers, builders, etc.) and choice assets to which we can provide access for investors who understand the potential of this city and who would also like to participate in its development. 

You can't barely buy the compressor unit for that any more in the last 2 years. 

Investments in C/D class areas are not investments they are jobs that barely make money when you look at a number called IRR.