Hi BP,I'm working at developing a marketing profile for a wholesaling business in the Tulsa, Oklahoma area.

I'd stay away from a bike rental business.  

I have a home based business.

According to passive activity loss rules, every business is obligated to adhere to specific criteria, especially when it comes to short-term rentals.

Bonus depreciation is a tax incentive provided by the U.S. government to encourage business investment in tangible property.

The kew factors are: Inventory(choices), project turnover (close to close/refi), resources to make the moves, and resources to find, rehab, and then sell the flips and a lender for the bridge loans and the refis.Most people, most, will have a hard time scaling on their own, especially of their home market is un-investable to them.I keep my clients busy by opening up markets and making those key relationships and putting an infrastructure in place that will find, lend on, and rehab houses. 

The mentor/instructor that is local has their reputation and local business relationships at stake.  

What's the business case for this transaction?

Step 1 - determine the actual taxable profit, adjusted for closing costs, holding costs and funding costs, plus business overhead such as driving, technology and whatnot.Step 2 - determine Johnny's tax rate which depends on his overall income and its composition.

Open up Business bank accountsApply for a Credit Card - I recommend the Chase Business Ink Unlimited. 0% APR for 12+ months.