My suggestion in your current situation would be this.

It sounds like your tax professional would have grouped these actvlivities based on the situation you are describing.

It's about synergy and shared goals.I had a friend in a similar situation who felt like she was always chasing her agent.

How do others handle this situation?

My ideal situation is to find a finance partner to help fund these deals for approximately 12-16 months, and we will exit the deal after selling to a significant multifamily, home builder, or developer for them to build on the approved land.    

We feel that this deal is within our risk tolerance but want to avoid financial strain if things don’t go according to plan.Questions for the Community- Given the financial situation, would it be better to pursue a flip or BRRRR?

I I would speak to some more attorneys because this is a complex situation.

Option 1 just gets you out from under the bad situation you created for yourself which is better than eventually losing the property if you cannot pay. 4.

I just got off the phone with a real estate developer. He along with two partners have been buying properties in the areas surrounding Atlanta for a few years. At the start they performed PM duties but sub contracted ...

The last time I went through tenant applications it was a paper/pencil situation.