I am currently setting up tours for Americans to visit potential investment properties in North Cyprus.

However, this proves to be a huge issue for the average American.

Has the American dream of buying a home become too unattainable for most folks in Utah?

This marked the start of our journey of being a North American-wide cloud-based brokerage.This was not an easy task to execute.

I'm hoping it would be considered an expense on Schedule E, therefore creating a large loss against ordinary income (I believe he qualifies for "real estate professional" status).

[sarc] It's all ordinary income. 

However, my accountant has told me that when I sell the property(s) to a client to build a home on, any gain on the property itself will be taxed as ordinary income.

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

.*    On the books our son's contribution was treated as a loan, but we now realize his gain would be reported as ordinary gain and not eligible for long term capital gain.*    My plan is to (1) create a new LLC with 3 members (husband, wife and son); (2) quitclaim deed from original LLC to new LLC; (c) sale after 12 months would be capital gain to all members.But this is where I get stuck.

Looking for creative financing for an international purchase. Has anyone every worked with an ex-pat trying to buy in England? Foreign banks will lend with a 25% down payment. After doing research it's a very high bar...