We're very familiar with the area, and I likely know the establishment you're referencing.

Hey everyone ☺️I've already invested in several properties in Florida, but I'm not currently part of any networking groups. I'm eager to become more involved and learn from others in the real estate world.

I also have a financial advisor.

With the advice of a mentor I had established an LLC to manage the property. 

@Lenny MachinThe perk test rules were established  in 1972. 

However, it's essential to confirm this with a tax advisor to ensure compliance with IRS rules and regulations.As for using the proceeds personally: Roth IRA contributions can be withdrawn at any time without taxes or penalties since these contributions are made with after-tax dollars.

Be sure to establish a good team of cleaners, handyman etc (ask for recommendations from other hosts)

Hello, I currently own a well established restaurant and would like to open a second location.

Consider consulting with a real estate attorney or financial advisor who can provide guidance on the best course of action, especially regarding your plans for the 1031 exchange.

Investment activities, not REPS hours.3) Getting to close after the contract is executed:  Working with title and escrow agents and lawyers; property inspections and walk-throughs; working with construction contractors if it's a new build; working on financing with a lender if borrowing or with an investment advisor if paying cash; working with a lawyer or registered agent to set up an LLC for the property; signing closing documents.