Isaac Hanai
Investing in the St. Louis Market
28 January 2025 | 7 replies
How much are you having to pay the management companies?
Dennis Gudenau
Solo 401k Unsecured Loan Tax Advise
22 January 2025 | 2 replies
Account holders can't take any write-offs personally for investments made in the 401k.
John Voychick
Do not use Suncoast Property Management in Jacksonville
30 January 2025 | 34 replies
We have a property management company and real estate brokerage.
Edward Segaar
Private equity lending
16 January 2025 | 1 reply
How would this be accounted for for general accounting and taxes?
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Owen Wang
Becoming a real estate agent
29 January 2025 | 5 replies
The SMARTEST thing I did...was follow a "who" not a brand or company or model or some "thing".
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
24 January 2025 | 35 replies
there ya go another Utah based fullfilment and education company.
Damini Dutta
Thoughts about S.H.A.R. or SCDC
31 January 2025 | 2 replies
@Damini Dutta I would definitely put some time and effort into finding out more about this company.
Christina Swaby
Do you provide incentives to your contractors?
28 January 2025 | 1 reply
I have them tell me how long a project will take to complete, and then I add buffer days or maybe up to 2 weeks, depending on how long / complex of a project it is and potentially accounting for weather if it is outside work.
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
I'm going to ask my insurance company.