My RE attorney implored me not to include any consumables.

A great way to start is by attending RE events and joining a local investors association.

Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.
This is exactly what real estate professionals have learned to ...

Wanted to know if anyone would be willing to recommend RE attorney in South Florida from West Palm Beach to Fort Lauderdale who has experience and would be able to assist with:- review and advise on current leases in place- company formations being that also licensed sales associate- review and advise on trusts- advice a preparation of private money lending docs- property management formation best practicesAs always, thanks much in advance to everyone for any light you can shed!

I do not want to re-zone the house to sfh, at some point if I want to close the access I want to be able to. 

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

We went with a community bank that portfolios the investment RE loans they do.How did you add value to the deal?

@Sean KirkThere are turnkey REI opportunities in different markets - markets in the Midwest and Southeast of the country are great - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

Hello, I'm not familiar with Rome but wanted to suggested looking into meetup to see if there are any RE groups there or nearby that would have people that can point you in the right direction. 

Run the numbers not really sure what else to say, RE is all about mathGood luck