Hi, When filling out the EIN form, how do I classify the business? Construction or Real Estate? Right now we have 2 rentals and will begin to fix and flip, all in FL. Thanks!

Curious on how, if it is even possible, to bring a class "C" property up to a class "B"???We have a nice single tennant, brick / EFIS building on one of the main highways in a small town.  is a re-classifaction even p...

Hi, I am doing my research for B Class properties in Michigan, Indianapolis, Columbus, etc. I was wondering if there are website that provides classifications of neighborhoods to better understand the neighborhoods wi...

How do you determine what is a "war zone"? When researching a neighborhood I've been using Trulia's crime heat map, but even if its green the types of crime in an area are violent. My guess is Trulia uses volume as a ...

So I just created an LLC and it was formed with the State about a week ago so I have a little under 70 days left to decide which tax classification I would like to elect before it is defaulted as a disregarded entity,...

I am interested in investing in tax liens and I'm curious how the revenue from tax liens is reported to the IRS. Are there any IRS documents associated with purchasing tax liens (even if they are redeemed before forec...

I would like to find out a more specific definition / classification of what exactly constitutes a multi-family dwelling.

The terms dup-lex, trip-lex, quad-plex, 5-unit +, apartments, etc. seem to wear many different...

Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...

Hi, looking to claim the real estate professional for tax benefits.  I have a variety of qualifying activities on a part time basis that will qualify me, but am thinking of adding LSA (loan signing agent) to the mix. ...

How exactly is a neighborhood classified as an A/B/C/D-class neighborhood?  What are the criteria?  Who decides?Same question for residential properties.  What criteria determine if the property is an A/B/C/D class pr...