Bobby Eastman
Any suggestions for people to contact for investing in the Sherman/Denison TX area?
18 January 2025 | 17 replies
https://www.biggerpockets.com/agent/match Check it out.
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?
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
I've done BRRRRs in Milwaukee for almost 15 years, but things have changed around 2020: I have a hard time buying quality properties where I get a discount that even matches rehab cost.
Rabya Khan
Does anyone have experience with Dr. Chau Ong Beyond BNB Secrets MTR Rental Course?
3 February 2025 | 15 replies
The risk is far lower, with a better ROI.OR you can consider learning about government contracts and performing lease matching.
Warren Peasley
Selling primary residence / new home into LLC?
29 January 2025 | 7 replies
My occupancy rate is probably as good as anyone, and one thing I do is never have a high debt load then turn that around and award my tenants with rental rates they can't match elsewhere.
Cole Starin
Six Unit Multi-Family BRRRR
24 January 2025 | 8 replies
At that time I'll attempt to structure a 10 year term unless I consider a shorter hold period in which I'll negotiate the lowest rate possible to fit a shorter term more closely matching my remaing hold timeline.
Richard Bautista
Would like to connect with a team based in Cleveland Ohio
12 January 2025 | 5 replies
Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow. I'm looking to investigate this market a little further and wondering if anyone can help me out. I would lik...
Keyshawn Johnson
Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
25 January 2025 | 5 replies
AJ Dicarlo Rate (broker and will be able to match with multiple lenders instead of a smaller bank or network)
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
If you choose to play with fire, that is your perogative.For your reference, here is a good primer.Here is the key paragraph:Rental discrimination is when a landlord or property manager treats an applicant differently based on the applicant’s inclusion in a protected class.