He’s probably going to end up going to a trade school, get a real estate license, work with a local contractor to become a building contractor.What are your thoughts about buying a property early in your life?

It will firm up quotes from the subcontractors, make your contracts much stronger  and also make the project move far smoother with better communication between the trades and reduce the risk of change orders. 

He’s probably going to end up going to a trade school, get a real estate license, work with a local contractor to become a building contractor.What are your thoughts about buying a property early in your life?

Looking for some constructive investment community discourse as I've had a few clients reach out recently about settling transactions in 'alternative' currencies or trading for real property. 

More than 50% test.You must have spent more than 50% of your working time during the tax year performing personal services for a real property trade or business.

Your position is that setting up a multi-member LLC is more expensive than a trust...lolYou're totally missing the point because you're looking through the narrow lenses of your trade.

I comforted myself that the late fees I accrued were a fair trade off and I looked the other way.

I want a specialist that's an expert, and not a jack of all trades and master of none.

What is your niche market where you have the most properties and the most business, people know you, and your trades and PM are close.If the owner ever wants to sell, I want your guarantee that you will refer the sale back to me. 

Nationally most blended commercial and residential PM operations appear to be trading at a 3 to 4 times multiple of EBITDA.