Are you saying that the IRS-1065 Is going to be pulled into an audit, or will just the disgruntled partners IRS-1040 be pulled in for the audit?

Hey Sarah, if the seller has an agent, it’s best to go through them first since they’ll likely get involved anyway.For a property that’s been sitting on the market, approach with strategy.

Welcome to the community and be ready for a huge amount of information at your finger tips.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.

If you're going to do it alone, make sure you your due diligence: estoppels, inspection, review, consult with a local attorney familiar with the local regulations, etc. and good luck.

As people get priced out, they have to go somewhere. 5.

3.Any experiences or tips on navigating financing as a non-resident would be greatly appreciated!

Good pro tip is to not tell the tenants you're moving into next door that you're the owner but just affiliated with the property manager.

Gives you time to go do more deals and get more contracts accepted for the next one.