Based on all the facts and circumstances, you participated in the activity on a regular, continuous, and substantial basis during the tax year (you must have participated for more than 100 hours during the year).However, your participation in managing the activity does not count in determining whether you materially participated if anyone (other than you) received compensation for managing the activity or if anyone spent more hours during the tax year than you performing services in the management of the activity.8.

Posted business hours, signage, registrations, license, continued education, insurance, bonds, cash assets and you may have reserve requirements.

Since then, I have done numerous real estate deals and continue to learn something new every day.

(That's a rhetorical question.)There are many areas that can produce $100-200/mo cash flow with maximum leverage (i.e. 20% down financing).Continued success!

Advantages: Knowing about market changes immediately, paying half a commission on sales, earning a commission when buying, looking up expired listings of the home before attending an auction, control of how your houses look on the MLS, looking at properties on your timetable, not your agent's.Disadvantages: Attending required continuing education classes (some are actually useful though).

So, if the first one you tell yes says, let me think about it, I tell them I will continue to show it and screen other applicants.

I'm in DFW Texas so yes, appreciation has and will probably continue to occur.

I tried to put together a spreadsheet for some combos on the market now and I think your'e right : people seems to count on the appreciation but well, it works until the bubble burst and then it's hell...I will continue to investigate investing in France or waiting for the bubble to burst and mabye act...

Jason Hanson if you're out there send me a message :)I'm also looking forward to hearing how well this strategy works and if you continue to use it today.Thanks!

There is so much information here on BP so continue to check it out.