I was recently actively looking to add to my real estate portfolio.  

The scope of your property managers responsibilities will vary, and it is crucial to read your property management agreement whenever a dispute arises to familiarize yourself with your rights. 

During 2025 and 2026, construction activity under surveillance is projected to deliver a total of 21,982 units.

Change your story each month as different stories will resonate with different people AND use each story to emphasize one of your “who do you know…” questions.As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.

This is a crucial detail to know when you're investing as an active or passive partner.

From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple. 

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

Note: I am under the impression that me material participating in this exercise will fall under the "Real Property Development or Redevelopment" activity, thereby allowing me to cost segregate the home construction cost.

*Or is the only way to achieve this is to provide additional value added activities other than the typical cottage appeal/attractions?

**Home Equity Loan or Line of Credit**: If there's enough equity in your other rental properties, you might be able to tap into that to fund the auction.Act quickly to explore these options, as timing is crucial to secure the deal.