Is it worth dividing the electric meter?

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

None of it went horribly, but ONE THING FOCUS IS A SUPER POWER!

We have installed a permitted tiny house on the land, water meter. electric meter (that can accommodate a large house), and a 5 bedroom septic.

The ONLY home warranty even worth considering are the one’s run by your power company.

I have a big garage that has electricity and plumbing already and has a second floor.

You must pay the electric bill.

You have to let them get tired of paying the gas and electric, cutting the grass etc.I just closed one 10 days ago where the lady had every one of my letters I sent over a whole year.

We get primary residence loans for <10% down, we have the power of creativity, and if we're planning smart - we also have the opportunity to ride the wave of interest rates because we're much less dependent on adjustable rate loans.• If you want to get involved in syndications or passive real estate investing but you don't have enough in liquid cash for the minimum investment, you can use your retirement accounts like a self-direct IRA to do so!

It starts slow, then snowballs.It's important to understand the power of leverage.