Section 469(c)(7)(C) tells us that real property trades or businesses:"...means any real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage trade or business."

Looking to understand how others have gone about identifying construction / GC expertise to partner in potential remodeling and ground-up reconstruction of SF homes in the north Dallas area.

I regularly request these when my clients sell their homes after the reconstruction has been completed so they can provide them to the buyers.Tavisha Grant, Public Adjuster, Property Claim Adjusters, Phoenix, AZ

@Vincent DangIf you were going to need back surgery, would you hire a surgeon or try to learn how to be a surgeon yourself? 

My mom about 2 to 3 years ago had a knee replacement by one of the best knee surgeons in the United States.She was one of the last Medicare patients they accepted.The surgeon was telling us that Medicare wanted to stipulate WHAT PARTS they wanted them using in surgery or they wouldn't pay.Medicare wanted to start using cheap crap from Chine where they get a discount and put inferior parts in with high failure rates.The surgeon dropped Medicare and said they didn't want to put in a bad part and get sued or blamed later for revisions.I agree completely and do not blame them.The best doctors being forced to use crap from Medicare or they won't pay is awful.It's about the money and not about the quality of care.I took my mother-in-law in for a hospital appointment the other day.All the doctors and receptionist I talked to did not want the Health Care bill passed.The Government oversight already is too much and the forms too cumbersome.Regardless of political party affiliation more government control and forms increases cost,time,and tax pay burden.If our Government believes so much in the health care provided under this bill they THEY should lose the health care packages they have and move to this.I pay cash when I go in and ask for a discount.I do not have health insurance by choice.I do not want to fill out ten thousand forms and be told my only plan provider is 1 hour away from me.I want to choose who I go to and what kind of quality care I receive.Paying cash I can do that.If anyone believes businesses will pick up the tab for extra health Insurance cost I have some Ice Igloos to sell you in Hawaii.If a business owner makes 100k profit a year they will not now make 80k a year and take from their family to prop up employees.They will trim the fat.I can see many more people using virtual assistants so that there is no paying of these costs.Just like Obama did this credit card bill that capped fees.All they did was raise rates for the good borrowers.The credit card companies sure didn't take the hit.I shouldn't have to pay for the governments short comings.It should come out of their pay for passing the laws and acts that led to these problems.All the government does is kick the can down the road and borrow from one place to prop up another.I don't believe this law will do anything except create more government bloat.

The only time the umbrella policy wouldn't cover you is a catastrophic accident that you are judged to be liable for such as driving drunk and killing a brain surgeon.

After 7 billion dollars spent in the downtown area alone now the entire freeway system is seeing a major reconstruction and expansion in lanes, which is one of the most obvious indicators of the path of progress.One mistake a lot of people make when looking at economic statistics is to only include Milwaukee proper (The City of Milwaukee) which in some economic ways is kind of the "worst of" collection with it's economically challanged areas.

We always reconstruct the financials on properties we are analyzing. 

I majored in chemical engineering when I was in college and considered going to medical school to become a surgeon, but after extensive research, I decided against it because of the time commitment.I started investing earlier this year with a full-time job (40 hours a week MAX) and cannot imagine being able to obtain enough education or have enough energy to invest while working 100 hour weeks during residency.That being said, I can think of a few scenarios:1) If you want to invest solo, I would try to get a few hours of education each week (BiggerPockets, books, REIA meetings, etc.) and then when you are a physician full-time (hopefully with more manageable hours), I would slowly start picking up a property here or there so when you retire, you have a solid portfolio2) If you want to be hands off, I would find a partner who has the knowledge, drive, and TIME to invest but may not necessarily have a lot of capital.

I'm a surgeon by training.