For example, we commonly see commercial NNN TIC properties that investors trade into without any management responsibility.

You may need a construction manager (a guy a friend who is organized doesn't need to be a pro trades person but doesn't use or party) to daily boots on site be orchestrating who is on first and that no one steals your supplies.

The whole purpose of getting into real estate for me is to stop trading time for money.

I have my GC in Oregon and I dont think I had to do that. and for sure I cant drive a straight nail . the Contractors test was kind of comical to me.. you had all these guys in the room that I could tell were in the trades.. and just sweating over the test..

I checked Hillsboro OR is basically already established site of Intel r&d….But if I am the land speculator I would follow whee tsmc is lol this chip act is about moving production from China to US.This trade war is extremely serious to tech company bottom line , in Asia some of tech products are moved to Chinese product following CCP instruction , while in Europe and canada and obviously here Chinese product is forever banned lol lol lol

How do you know the condition of those three trades?

Therefore this is something that should be negotiated before a contract is signed.Something you wrote that stands out is the fact the GC purportedly has 40 employees but then only has one relationships with each subcontract trade.

In general, travel for business(education, networking) is deductible if you are already in a trade or business(I.E. have a rental, flip).There are unique rules to deduct foreign travel costs.attendees may have a more difficult time writing off the cost of the trip if they add significant vacation days(no business) before or after the trip.However, you can plan properly to make the trip 100% deductible.

Traded $1,900 in rent for a small 1 bedroom apt to $1,500 in mortgage and house bills for a 3 bedroom apt in a house I owned.

Usually, the rental income is considered effectively connected with a U.S. trade or business, and therefore, it is taxed under the effective regime.