It can be a residential property which is defined as 1-4 units.  

This is where the key is, and this is what eludes my opponent, but of course not the courts.Since it is so important to figure out how many dwelling units we have, Section 280A needed to define the meaning of dwelling unit.

I know Broad Ripple is in a flood zone and if you're planning on using debt financing for the Ravenswood deal the lender will make you get flood insurance if it is in a flood zone.

John, zip codes are usually too geographically broad to be meaningful.

Luckily, you get to define that for yourself.  

There is no set definition or rule saying what defines each level.

So let's assume you define them. 

Define your end goal and work backwards to create a plan that makes sense for achieving that goal.If you have been in the home more than a year or two you should be able to avoid Cap Gains.Another factor to throw in is that properties are selling for very high prices in most areas.

Real estate investing and business are very broad categories with many strategies but they start with one major event: a mindset shift.Here’s a quick general guide to getting started on the mindset shift:1.

I know credit plays a part in this so I’m currently working on building my current score.Basically, you want to define your goals and criteria.