What is the status of this issue?

I love howyou can change deal status to drive a property to the topor bottom of your list.

Did you check the state site to see the status of his license.  

In your business, you could simply post a weekly status of your current construction projects. 

@Bill Walston Achieving the "real estate professional" status has nothing to do with whether your properties will be classified as inventory or investment property.

Ask the title officer to also check the status of property-tax payments.

The maximum mortgage amount for 3-4 unit properties is limited, so that the ratio of the monthly mortgage payment, divided by the monthly net rental income does not exceed 100%, regardless of the occupancy status.

The owner is (or was since he is retiring) in construction business himself, but I (and the inspector) will pay close attention during the inspections on the status of the property. 4.

Hi, does anyone have a good checklist that they use when discussing a property with a motivated seller, gathering information on the property to evaluate its value and its status?

This would satisfy the IRS rule of having a 5% or greater ownership in the company which actively conducts real estate activities through which one can claim RE professional status.