Excellent post Chris!

If you haven't aggregated properties in prior years, you must attach a statement to your tax return in the first year of aggregation, identifying the properties and explaining why they meet IRS guidelines.This post does not create a CPA-Client relationship.

All the best

Quote from @Alex Brown: Seeking recommendations for a CPA or Tax Strategist who specializes in RE and REPS Status.This post should help:https://www.biggerpockets.com/forums/51/topics/1222774-expla...And none of us is allowed to offer you our services as long as this post is in the tax forum.

This is my first post on here and excited to share my real estate investing journey with the best partner in the world, my wife.. we are looking into buying our first investment property via hard money.

This month it's the 12th at Pearl Street in the basement bar from 6-9.

funds only go into interpleader after months of sitting in escrow. the court just does not hand the money to the seller either.. if not agreed upon the funds go to the state etc.

But if costs are high or demand is uncertain, holding onto the land while monitoring the market might be the better play.

I personally have not heard of the website that you came across.

You should read The Millionaire Next Door by by Thomas J.