Hello Bigger Pockets Community, I am fixing to start wholesaling in the DFW community and am looking to connect with more experience wholesalers to aid me in the beginning of my journey. 

There is not good answer to your question. 

Hi everyone,I'm looking to invest in short-term rentals in California but want to focus on markets that have a relatively smooth and less restrictive process for obtaining permits.

I’m wondering should I back out of this deal over this issue if it is not fixed?

Hopefully a tax expert can weigh in on this topic, as that's who should be answering your questions.

Another expression for this is "lipstick on a pig."

I just passed my real estate exam, and now it's time to find a broker to hang my license with.

Read: the trust of the agents and contractors you work with will go so far as their good will does.

I personally would not want to drive around this neighborhood knocking on doors for rent.

The way to handle it is to allocate expenses based on the percentage of the home’s square footage used for rental purposes.Here’s how it works:Calculate Rental Percentage: Add up the square footage of both the in-law suite and the rented room, then divide by the total square footage of the house.Apply This Percentage: Use this rental percentage to deduct a proportionate share of expenses like repairs, utilities, and mortgage interest.This post does not create a CPA-Client relationship.