There also could be malicious attachments or links that work to steal your login information or infect your computer.Here are some ways that you can protect yourself and your clients.Stay up-to-date on IRS Communications: If you receive any communication from the IRS, ensure it is coming through a verifiable channel.

I would want my money to be secured by a promissory note and mortgage on the property in question, and thanks to the advice from some on here, if the property in question isn't enough to cover it, I would need to attach a lien to other property to ensure I can get my money back. 

This will help prevent misunderstandings and ensure that the project runs smoothly.

Took me about 3-4 years, through syndication deals.Networth is a great goal, but also want to ensure cashfloooow is strong

Yes, to qualify as a real estate professional, either spouse must meet the 750-hour requirement of material participation, where more than half of their personal time/services must be devoted to real estate activities.If your spouse works another part-time or full-time job, it may be difficult to demonstrate that more than half of her working hours are focused on the real estate business.If not, you should qualify as you exceed the 750-hour threshold of material participation.As always, it's a good idea to consult with your CPA to ensure you meet the requirements and can take full advantage of the RE Pro status and the deductions available.

I would like to chat with you about how to ensure our offers make it to the Bigger Pockets Community.

Title insurance, settlement fees, and recording fees can vary, so you could request updated estimates as you get closer to the closing date.If you’re expecting to stay under $5,000 out of pocket, double-check the loan estimate to ensure this aligns with your DPA and the amount you're being asked to bring to the table at closing.

Ultimately, your LLC isn't the entity ensuring that your property is safe for guests; that responsibility falls to you and/or your management company. 

Yes, it is important to review the PM Agreement and its policies to ensure they align with your interests and protect you as their fiduciary.

Living in the home with my family also ensures that it's in a great area and allows me to make small improvements while living there.How did you find this deal and how did you negotiate it?