Additionally, you can network with other real estate professionals and investors—if they own STRs, they can likely refer you to their CPA.If you prefer not to attend in-person meetups, consider joining local real estate groups online to connect with both tax professionals and investors.

It happens in housing and employment, regardless of the letter of the law. 

Additionally, both the $1,000 insurance premium and the $1,000 deductible are deductible expenses.

These loans not only cover the property purchase but also 100% of the renovation costs, allowing you to focus on the project without worrying about securing additional funding.Here’s how our loans work:Loan coverage: We can finance up to 90% of the property purchase price and 100% of the rehab costs.Max ARV (After Repair Value): Depending on your experience level, we offer up to 75% of the ARV, ensuring that your project has strong financial backing.First-time investor friendly: If this is your first fix-and-flip, don’t worry.

@Brian Burke I'm not a big fan of pref equity in the first place, as common equity investors often aren't compensated for the additional risk.

While you may get a 199A deduction, you are paying a high tax rate.If we are talking about REIT's listed on an exchange, there are additional overhead costs as you mentioned - You have to get audited financial statements and also comply with certain SEC laws.

Thank youTo add on to the other already excellent replies:- The syndicator typically either bakes their management and operations into the investment, thus making additional funds for themselves, or uses their own subsidiary or someone they have a partner deal with.

I was looking to add a new section on current owners management agreements and new agreements regarding an additional charge.

Additionally, if you're targeting a certain area it's always good to ask the local township/borough office on who typically pulls permits and/or works in the area.

We do have an umbrella policy in place for all of our properties but want additional protection.