Basically you are buying in to that person's relationships. 

Networking at local real estate meetups is also great for building relationships with other investors who might know of deals.

In my opinion, if what you want is leads, you aren't going to make the right use out of Pro because you will be trolling for buyers and sellers instead of being an asset to the community and answering questions.If you've been a Pro member for several years and have only made three posts, you haven't been interacting with the community over that timeframe and that is where relationships are built.

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.

While these losses won’t immediately offset W2 income without REPS, they can be carried forward to offset future rental income or capital gains when you sell the property, lowering your tax burden long-term.This post does not create a CPA-Client relationship.

I am very perturbed by the authoritarian way the program is managed currently, it feels like landlords are being purposefully ignored because we are profiting from the relationship (lets face it, everyone is...it's called business.

I'm not a fan of any script or gimmick that gets in the way of an authentic conversation with a potential seller.

Mid-quarter convention: This applies if more than 40% of the basis is placed in service in the last quarter, limiting first-year depreciation.This post does not create a CPA-Client relationship.

Your LLC that flips might need to be S-Corp eventually.This post does not create a CPA-Client relationship.

It’s your relationship to manage.