I started out with sweat equity, moved to the point where it was a contingency plan if something went wrong, and now I am rarely involved the physical side of remodel projects.

Each property after that I want to be less involved with the dirty work and more and more on the management side expanding my business. 

Thus, it is important to look at such factors as the number of trades, the average holding period, the sources of income, the taxpayer's ongoing involvement in the activity, and the percentage of available trading days on which trading activity occurred (Holsinger).If you are a trader, you have the option to take home office deduction as an ordinary business expense.

Everything I've said above about LLCs applies to the Series LLC as well.

They will count retirement accounts for that requirement.The loan discussion involves...A) Almost anyone will give you 4 loansB) Almost any mortgage broker can get you loans 5-10 (They will probably cost you an extra 0.25-0.5% interest rate.) 

The first new build I have been involved with.

Be involved, take notes, ask lots of questions and LISTEN.Good luck!

Remember that you can:Visit the town/city website to see their plans for the futureAttend town/city meetings to influence those plans and get first hand information on what's being planned.I live in the Triangle, NC and wish I had been more involved in the downtown plans of the cities here (Raleigh, Durham, Cary).

I understand that it's trickier, but its also nice that there is less maintenance involved.

All payments under this Agreement are applied first to accrued interest and then to the balance of the outstanding principal.