The irs form states that many times, but everybofy tells me to just issue 1099...Does that answer what you were asking about a w-9 whose only purpose is so you can fill out the 1099 later?

@Jess WoodDirect from the IRS (https://www.irs.gov/faqs/itemi...)

I pick a street or intersection that I’m interested in and hop on Google maps and virtually walk the streets of the area.

However, the IRS won't let you expense it (ie take it all at once) and with apartments, you spread the cost of improvements over 27.5 years.You use depreciation as an offset against your income from the property.Since depreciation is also supposed to account for the ongoing degradation of the property it is also used for that.  

I had to put 25% down for the commercial loan (4.5% IR) and with closing costs came out to about 77k.

Could be IRS lien.   

Well I have leaned a little more about 1033 Exchanges and would like to pass along to the BP group.I have found the IRS 1033 (a)(2)(A) form to send with your tax return. 

Hopping from one big bank to the next has negligible benefit.

@Jesse DacontaHaving a real estate license by itself has nothing to do with establishing RE Professional status with the IRS.

With a quality provider, such plans also come bundled with meaningful consulting guidance to help you get the most out of the program while staying inside the IRS guidelines.A similar checkbook program is a Solo 401(k).