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29 January 2025 | 6 replies
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!
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10 February 2025 | 3 replies
The reason I say this is that no matter what your remodel if you are doing a lot of the work yourself (way to max out equity growth) then maybe look for an even larger remodel than you had thought about?
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12 February 2025 | 27 replies
Although doesn’t matter as much for this location.
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19 February 2025 | 11 replies
Some will require you to pay the interest through the term or another length no matter how long you hold the loan.
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2 February 2025 | 7 replies
I am a father to one, she’s my reason to keep going and not give up no matter how hard or complicating it gets.
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4 February 2025 | 9 replies
Only let in A+ people--no matter what. 4. whatever task you can't handle hire someone.
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4 February 2025 | 3 replies
Hello everyone, How do I start earning in realestate (no matter how small it is) if I don't have over $10,000 in cash or in collateral asset.
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4 February 2025 | 10 replies
This matters as different auctions are prone to different title issues.
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1 February 2025 | 10 replies
Doesn't matter if it's his 10,000th deal or his first, same fundamentals still apply.Hope this helps!
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23 January 2025 | 7 replies
I feel like a Daisy-Chain would muck up my Timeline or even the whole Deal.As long as everything is in writing and I get my Fee, does it matter?