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29 January 2025 | 1 reply
The ones that build out great companies build the skills, then they teach the skills to people to set calls for them, go to appointments for them and they continue to build out their company as a marketing/sales operation that is more fluid to create more revenue.
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3 February 2025 | 8 replies
We would need to know your current operating expenses (and rent) to be able to provide any suggestions.
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29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
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4 February 2025 | 7 replies
Again, you’ve probably thought of these, but those are likely your best bet.
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8 February 2025 | 3 replies
You also could find a partner to do the operations so you can avoid the parts that stress you out.
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24 January 2025 | 6 replies
A lot of operators don't focus enough on the asset management component and rely too much on the PMs.
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4 February 2025 | 0 replies
But the very thing that gives us success at first—handling everything ourselves—can also hold us back from scaling and growing our business.How Trust Works in Real Estate InvestingLetting go isn’t just about delegation—it’s about choosing to trust rather than operating from fear.🔹 Afraid to let a property manager take over?
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16 January 2025 | 4 replies
Your best bet is to find and contact all of the top local wholesalers and go to work for one of them and see what they do right and wrong and see if it's even a business you like.
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7 February 2025 | 12 replies
You end up having to sell to someone with higher down payments, better credit, better operating plan, and 100% investors who never want to pay top prices.
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29 January 2025 | 3 replies
It is important to remember you own real estate in the Poconos and you are choosing to operate a STR business.