Cashing out so I can begin a new investing adventure involving tiny homes :)

You materially participate in an activity if you're involved in the operation of the activity on a regular, continuous, and substantial basis.

I'm currently involved in a few projects myself, primarily in the fix-and-flip and BRRRR space, and I'm always on the lookout for lending partners.

Both are in a small market in Illinois, where I have family involved in real estate and construction, so it’s been a great way to jumpstart my multi-family journey.As I'm looking to expand, I’m particularly interested in out-of-state investing, since the DC area where I live is a bit too expensive for my investment goals.

Real estate investing is what your all about in this post, the podcasters have moved on to more of a hotel type business, involves real estate but more importantly it’s a hands on business not a real estate investment.

For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.When it comes to lead times, I agree they’re essential for occupied homes—if tenants are involved, a 12-24 hour heads-up allows everyone to prepare.

This is more of a tax planning matter, so it would involve working through several specific questions to tailor it to your situation.

In the world of commercial real estate, especially for those of us involved in wholesaling, hard money lending, and larger commercial transactions, finding truly qualified leads can be one of the toughest parts of the job.Unlike traditional real estate, commercial deals require a more complex understanding of financing, deal structure, and the unique needs of clients—many of whom are investors looking for specific ROI targets.

So, you could issue that notice as soon as the rent is late and 10 days later when you file with the magistrate it is then too late for them to pay unless you choose to accept it. 6.

What I have saved would ideally go to filing an LLC and earnest money when I get properties under contract.