Flipping is actually more a business than it is investing and you know how much goes into that.

I also have talked with this company but I feel they are not telling me the whole story, makes me leery of this business.

I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR.

Petitioner’s testimonypertaining to the business use of his home was vague, inconsistent, elusive, andcontradictory.

High taxes, a declining population, and an environment that is less than friendly to businesses are important factors to consider.

@Kyle Carter You cannot directly use a 1031 exchange to purchase a primary residence, as the IRS mandates that the replacement property must be used for investment or business purposes.

I have about 100k in assets both personal and business I could sell, but part of me thinks that’s extreme and I’ll sell “myself” along the way with all my stuff.  

Are you building for pure investment purposes or are you looking to use some of the space for personal/personal business use?

It wasn’t a massive deal—our expected assignment fee was $10,000—but when you’re growing a business, every opportunity matters.Everything seemed to be moving smoothly until the title search revealed a major roadblock: the mortgage discharge couldn’t be cleared because the person who needed to sign off was deceased.

Quote from @Gianma Vanzo: My wife and I are HI W2 and business owners.