However, only those classified as "real estate professionals" (REPs) benefit fully from these deductions, which are usually limited to those who spend more than 750 hours per year or half of their work time in real estate.

Our strategic improvements and efficient project management resulted in a significant return, benefitting both our team and partner, Preston Moore.

To the benefit of all of us.

You’re guaranteed to be a millionaire after 20 years plus have training, retirement, benefits.  

If you intend to stay in the property long enough to recoup the costs associated with the prepayment penalty and enjoy the benefits of the lower rates, refinancing may be worthwhile.8.

Consult a real estate CPA or tax attorney to assess if the benefits outweigh the fees and risks for your situation, and consider alternatives like 1031 exchanges or installment sales for simpler strategies.This post does not create a CPA-Client relationship.

I hear on podcasts about getting a title company on your team… what benefit does this give you?

My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

Instead, they seem focused on making use of it for as long as they can, trying to extract as much benefit as possible before the opportunity runs out.

I'm sure the company is fine and want to give them the benefit of the doubt.