Typically, the easiest way to verify this is to request additional documentation.

Which can seem daunting but theirs plenty of ways to figure out how to do this.

@Jody MartinezYou can pull the permits typically for the GC but not for trade permits. but if you do the work are you going to disclose this when you sell that you hired unlicensed contractors and notify your insurance if same?

Lets just say that $50K has been carrying in losses from this particular property, this means (according to my CPA) that I can only offset $50K from the capital gain of the sale of this one property.

I believe this is the most appropriate category for my question.

If you have any specific questions feel free to send me an email I enjoy helping and talking REI.  

I've been operating a Turo biz under an LLC for the last 2 years and have recently decided to cease operations (For those not familiar with Turo, think of it as the Airbnb of car rentals).I was wondering if it is possible to begin operating my real estate biz under this existing LLC?

I am just getting started on analyzing the data, however I am keen on investing in this area... specifically in small multi-family (no more than 4 units).

About 40/60 this year.

Layout reminds me of small time share condos but the other condo complex next door does not resemble this one at all.