However, you are required to report all income, even if it's under $600.The other option is they don't pay you and nobody reports a deduction or income. 

Contracts, financials, and supporting documents are the backbone of the process, and missing even one can lead to delays or worse.Third-party inspections—like surveys, appraisals, and engineering reports are also key.

For flipping properties, travel costs to investigate investments can be deducted as ordinary business expenses, typically reported on Schedule C. 3.

Plus, it simplifies the process of adding partners for future projects and helps keep your finances organized.As for BRRR, you can also deduct expenses and LLC income is reported on the owner's personal tax return, avoiding double taxation that corporations face.

Increase the rent for each on a worst case scenario (You know: the tenants that realize that not paying for heat means they can leave the windows open in the winter and not paying for water will never get a leaky faucet reported.

For a building that size I would expect they would have had someone like a John Burns or someone else provide a report to understand the comps and current absorption rates and vacancy rates for this class of building.Now that you have invested, it cannot hurt to go out and view the property but what are you trying to accomplish by visiting ? 

Advancement of the Navy's FFG(X) frigate program design selection process has huge implications for Austal and huge company expansion providing more jobs.- In 2018, a $127 million Walmart distribution center was built West of Mobile.

Also, if anyone has recommendations for HEL providers, I'm just starting my search.Thanks in advance,Todd

I definitely do not want negative cash flow on a deal.Thanks in advance for any insight you can give!

Thank you in advance!