Quote from @John Lasher: I've heard from so many investors that they have put a pause on their flipping business.

But 2025 offers other opportunities that did not exist 10 or even 5 years ago - think AI and online businesses.

I define small business owners as people who employ w2 employees.

The biggest impact AI has in our business I believe is follow up re-engagement and appointment setting.

My significant other and I decided to use a builder she had done business with in the past.   

Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Most importantly, understand the difference between a business purpose and consumer purpose loan.Read my post in this thread, which details our process in actionable terms.

The liability coverage is way better, the building coverage is often better, and commercial policies typically cover loss of business income as well, which a homeowners policy isn't going to help you with.California + wildfire area + STR is super tough. 

It's the smart way to fun a business. 

As small businesses, securing funding can be a real challenge.