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1 January 2025 | 12 replies
If you're looking for the lowest price entry, Cleveland, Dayton, Springfield, and Akron would all be good fits.
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21 January 2025 | 13 replies
It has rented well over the years.
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5 January 2025 | 39 replies
I expect that I may have excessive damage on this home as well.
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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?
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24 January 2025 | 6 replies
You already have a PM, so how is someone else going to manage it as well ?
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22 January 2025 | 21 replies
@Brad KanouseYou've gotten some good info so far from Arthur and Dmitriy and I wanted to add in some other things to think about as well.1.Self-Directed IRA (SDIRA): This is what @Dmitriy Fomichenko mentioned, and he's right, it could be a self-directed IRA or a solo 401k.
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18 January 2025 | 17 replies
Have a steady 9-5 job but looking to branch into real estate investing as well.
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23 January 2025 | 11 replies
Are you thinking of investing in Florida as well?
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30 January 2025 | 13 replies
(This well could be a generational thing and whatever the comfort level of the guest is.)
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19 January 2025 | 2 replies
They typically will have data and newsletters as well they can send you.