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26 November 2024 | 3 replies
Document the time you spent on the property compared to others, especially if you’re trying to qualify under the “100 hours and more than anyone else” test.
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23 November 2024 | 7 replies
Quote from @Julie Philpott: Hello everyone, I recently noticed drug use near my property in Franklinton.
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30 November 2024 | 10 replies
I would start there and see how it goes :) Good luck on your test!
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6 December 2024 | 51 replies
So, successful agreements (those that “stand up” when tested in court) have the spouse without the assets receiving a significant lump sum in event of divorce,For smaller sums of money/assets alternatives to prenuptial agreements may serve the purpose best.
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27 November 2024 | 4 replies
Cruz Muniz Start as a sole proprietor to minimize costs while testing wholesaling, as it's simple to set up and file taxes.
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5 December 2024 | 87 replies
Originally posted by @Henry Li:@Brent Olsen@Bob MaleckiI just invested 10k the minimum to test it out.
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4 December 2024 | 32 replies
You can test that side of it out to see if it's a good fit for you, but take some time to find which side is the right fit for you because that will be a key to achieving long-term success.Also build as many sponsor relationships as you can in the beginning because that'll give you plenty of options when you find a deal.
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25 November 2024 | 19 replies
Make sure ill share it here with others for testing when fully ready.
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30 November 2024 | 19 replies
This does not pass the sniff test for me.
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26 November 2024 | 4 replies
Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.