You must take wholesaling seriously and treat it like any other business & do your best.

Steven, how is rehab/flipping treated (tax) in a Solo K vs. a SD IRA?

You reinstated the loan, but it doesn't appear you treated the loan to lower the default risk.

The sale of the primary residence and the two lot parcels is treated as a single transaction with the first $250K ($500K MFJ) of the total profit excluded from capital gains taxes.

So, you have to be the one making sure the property is being treated to your expectations.

If it isn't with me, it's locked up.Maybe vedio games should be treated like alcohol, 21 and if you give it to an under age minor, go to jail!

It will be a good indicator of how they will treat your unit.

For the plumbing depending upon what was repair and what was replace that will determine how that is treated.

But that does not mean you can prudently avoid all aspects of business management and throw cares to the wind.You will be expected to treat your LLC as a seperate entity and give it that due respect in a way as a corporation for it to live at its fullest potential.

Successful people treat the deal as a business transaction to maximize profit.