It's just hard for a lot of people to get there regardless of how talented the individual may be.

In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

Sounds interesting.Hi Leah, as you might imagine, most of the benefits focus on individuals and properties directly impacted by the disaster.

Also keep in mind that if the concern is lawsuits, they can still name you individually in a suit and it is just another battle.

Quote from @John Friendas: Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is half his).

There's some excellent relevant & recent material from very high quality individuals on this forum.

There were at least 5 individuals who seemed ready to rise to the occasion and help this poster with their borrowing needs.

These costs for most of the individuals are considered personal in nature (unless you have a RE portfolio that is run like a business; see below).

Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.

NET 30), etc. and you can use this project-specific agreement as an addendum for individual jobs.Final Tip: Treat the contract as a transparent, collaborative tool to set expectations, not as a "gotcha" document.