Code Sec(s):162; 195Docket:Dkt No. 30077-07.Date Issued:04/30/2009.Judge:Opinion by Gustafson, J.Tax Year(s):Year 2004.Disposition:Decision for Commissioner.Started investigating property: Feb Put first contract (canceled): May Bought first property: December 30thCourt decided that his 21k education expense was not deductible as business expenses but would be considered, at best, the start up cost.

A Walgreens with 25 yrs of lease left and 5x5yr extensions will be "safer" than a stand-alone mom and pop restaurant with a 5 yr lease and no experience in the restaurant business.  

Would love to connect via a call or in person to hear your experience! 

They declined the wire transfer, but with no clear explanation other than to look at the TOS.

This means if I ever have a problem I can call and talk to people right away instead of AI chatbots that I get at my national banks.

-Sugest getting/using GoogleVoice number as you can track/respond on a computer and it separates personal call from business.2) What Rental Application will you use?

If it's an auction we have just dealt direct with the auctioneer.Maybe on your first deal you have an attorney do what you call "dirty work" but the best way to learn is to deal with the owners directly yourself, get permission to deal with the bank and execute the transactions on your own. 

But the IRS says no it is profit. 

No current liens but these properties have tax deeds, not warranty deeds if that matters.thanksLevi

They have called me back a couple of times asking me if the property was still available because they might need to come back.