The Tax Court hates making up new law and likes to borrow from existing law.Here’s an interesting quote from a law journal article written in 1955 (“The Single Rental as a ‘Trade or Business’ Under the Internal Revenue Code,” U. of Chi.

@Kenneth Garrett I realized after I posted how ridiculous it sounded that I want to hire someone to simply add a few cells.

Positives of the House: Amazing updated high end kitchen all stainless steel appliancesNew RoofCan lighting in all bedrooms, living room, and kitchenHigh End basement bathroom includes Jets in shower wall and Heated tile floorNew Central ACNew FurnaceNew HVAC ducting throughoutNewer Vinyl SidingNewer guttersMany newer vinyl windowsNewly wired for gigabit speed ethernet in all roomsOpen cell insulation on second floor roof (solves all cape cod style home problems with ice damming)Nice landscaping both in front and in backGreat curb appealFenced in LotFull BasementOpen concept living roomVery low taxes compared to rest of Lake County IllinoisFinished will have 2 full baths, 3 bedroomsNew copper plumbingNew Natural Gas pipingAll Capital Expenditures are taken care of!

I'm looking for a small multifamily (2, 3, 4) property in Union City, The Heights, Journal Square and/or other places for cash flow purposes.

In this case, I am selecting the annual cash flow.a.Select the annual cash flow cellb.Click on the Output/Input button on the tool bar >> Mark as Output/Inputc.Fill in the Name of the variable….”Annual Cash Flow”d.Make sure the “type” has output selected.5)For each variable that you want to model.a.Select the cell you want to add a distribution to >> Click the Select Distribution Buttonb.Select which distribution you want to use.

All commission checks would be deposited into the LLC, paying general operating expenses (home office, cell phones, business vehicles, client entertainment, etc).

I found a fourplex in my area, looked up the owner, and finally got his cell phone number.

They are Section 8, and 100% of their rent is subsidized by the city so I'm at least getting paid, however both the husband and wife have had their cell phones disconnected and are not responding to messages.

Happy new year to all:I am looking for recommendations for rental agents or listing services that serves the JC Journal Square area. 

I have been in the habit of journaling daily for awhile now, and I have been using this year to journal primarily around my real estate goals.