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What it is, is, 

Usually used in Wales as a precursor to an opinion or fact. Or to begin a reasoning statement.
Well, what it is, is, I was driving down the road.....
What it is, is, by musicman1923 November 3, 2019

what it is dummy 

Common slang in Baltimore meaning- what’s up bro.

If it’ you’re ever in the city you will hear this phrase be used
Ethan- what it is dummy

Isiah- ain’t nun stoopid
what it is dummy by Dakaariooo November 20, 2023

It is what it is 

A phrase used to describe a situation that is less than ideal that you can't change.
It is what it is and all we can do is accept it and carry on.
It is what it is by Galawh November 7, 2020

It is what it is 

Used often in the business world, this incredibly versatile phrase can be literally translated as "fuck it."
The client changed the deadline to today? Well, it is what it is.
It is what it is by A. Danish December 27, 2007

It's What It Is 

A final solution to a situation, usually after much deliberation, and a final acceptance of that fact. It can be giving up on expecting someone to show up, or as it's typically used amongst The Mafia, a death sentence.

The simplest definition is: a ultimate, final acceptance. Period. Past all points or avenues of trying to change the situation. Gun at your head, you're done crying, he's not hearing you out. It is what it is. Get on with it motherfucker!
Frank Sheeran: "Tony told the old man to tell me to tell you... 'it's what it is'"
Jimmy: "What it is?"
Frank: "It's what it is."
Jimmy: *sniffling* "They wouldn't dare"

or

Tim: "The pharmacy won't process my refill. I tried everything."
Nick: "Not even for tomorrow?"
Tim: "It is what it is. I'm out of ideas."
It's What It Is by masheteemirage November 28, 2019

It is what it is.

Simply stated means, "There is nothing that you may do about it. So, you must just accept it"
It is what it is. by Bear2251 July 16, 2015