Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT. 

Our Starter plan (which is free) is really designed to support newbie investors, as all of the available presets are what they should be using in building lists and sending marketing campaigns. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

For background, I'm partnered with an architect and interior designer, but I'd have to find most of the subs as I don't have any formal connections (at least in the area I'd like to build).

Wrong Property Management ApproachIt doesn’t matter how good the people who are doing the property management are, if they are not using a property management approach designed for co-living, everyone loses.  

I have always had an interest in flipping houses because I get really excited to see run-down houses, walk through them, and come up with a design plan.

I would designing, renovating and managing the property.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.