Passive landlord is a long game enter anytime stay for decades and most will do just fine.Active engagement same thing enter anytime and your reward is how hard you work identifying the hot ticket at the time  access to capital etc etc..

Many of us will gladly share our contacts - helping you AND that allows us to provide value to our contractors by referring them extra business.

If you need references for either of them in San Diego, let me know.

No one to refer, but when considering a blanket loan make sure to understand the how the loan would treat removing collateral from the pool.

See photos for reference 

Hello Everyone,I along with 2 other buddies of mine created a multi-member LLC to wholesale and refer real estate to agents.

Is it OK for the operating company to claim depreciation for the properties that are owned by the holding company.This situation could cause major passive loss issues depending on your situation.Scott Smith has refused to weigh in on this “difference” and has since referred me to a CPA who is so busy that I won’t be able to speak to him on the phone until May.    

Bette,Great piece for REI's.Like all IRS stuff, there are sublties, so I refer folks to IRS 587, for MORE information than they really want. ha ha

Ensure major decisions are made jointly.This setup balances the partnership and fairly rewards both contributions.

This ruling focused specifically on irrevocable grantor trusts commonly referred to as Intentionally Defective Grantor Trusts (IDGT).