Drew Sygit
How Well do DIY Landlords Track Days On Market?
12 January 2025 | 2 replies
DOM nationwide isn't really terribly useful; in extreme situations we will already know the national economic situation.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
29 January 2025 | 47 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
David Young
Questions From a first time Investor
29 January 2025 | 12 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
We are extremely unhappy with our property management company.
Amanda Long
DSCR New Mexico Property/ Guarantors??
17 January 2025 | 3 replies
Personal guarantees are EXTREMELY common.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
In my experience, success in D-class areas almost always requires being local, extremely hands-on, and self-managing.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Kiryl Ulanovich
Help me please to understand this
29 January 2025 | 2 replies
Once that is complete, the property is yours.Now all that being said, it makes me EXTREMELY nervous that you don't understand the process and your only go-to is a wholesaler.
Kristian Kotov
New Asset Class - The Roomshare Condo
14 January 2025 | 3 replies
First you have to face the local municipalities & will be extremely difficult to get the zoning approved.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.