This is interesting, is there a requirement for how many builds to have in inventory to be considered a developer or is one sufficient for this tax incentive ? 

1st of all corporations own less than 2% of single family homes, they have actually reduced thier share of buying recently, now investors continue to buy up properties, it’s just more mom & pop types, all that said the housing market is in an extremely strange place, I could make strong arguments for prices pulling back, reaccelarting, or being basically flat, the biggest thing I’d advise is looking at you payment, comparing that to what would pay in rent, figuring out how long you plan to be the house and making an decision based on that, generally in that under 400k price point, breakeven for buying a property seems to about 3-5 years if you plan to stay in the house longer than that, bite the bullet & buy, if not rent.  

We used a commercial SBA loan with 10% down, but with my commission, working capital, and some Pandemic incentives, we were able to purchase this home with $2,000 down.

We're in the biggest bubble ever produced.....I'd be patient and wait.

Asset Protection works by taking away the economic incentive for somebody and their attorney to sue you.

In the future you can creat incentives for meeting timelines.

Yes I didn’t transfer the service right over to my name, and I’m realizing this is one of my biggest down falls.

🤪Doing 'the thing' means:💸multitasking💸meeting daily with investors and lenders💸reviewing deals and opportunities for others💸teaching others how to determine how to evaluate deals💸listening and learning from others' experiencesMy biggest takeaway this week is the need for PATIENCE.

I think my biggest question is, whats your end goal?

Great Addition - on the switch from year to year - arguably the biggest flag in my opinion in Real Estate - "shiny object syndrome" switching from niche to niche repeatedly (especially as a "Guru") - whats tried and true for RE success IMO is people that stick with one strategy and niche (type, market, strategy, etc.) for years, stay focused when its in and out of flavor, and end up with big wealth and track record after years.Definitely flags of the last few years when people go from "STR" to "Multiamily Syndication" to "Boutique Hotels" to "Experiences" and so on...