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23 February 2025 | 107 replies
Ergo I do all the cooking and cleaning LOL It doesn't hurt that your wife has a client (you) that gives her all his new builds to sell, lol.
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2 February 2025 | 10 replies
You want them to only be able to go after that one property that didn't have clean sidewalks.
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5 February 2025 | 6 replies
As landlords or property managers, what has been your experience with these two methods?
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18 February 2025 | 35 replies
Lake Geneva and Walworth county is beautiful, they keep it pretty clean with strict conservation and zoning...
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1 February 2025 | 1 reply
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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26 January 2025 | 21 replies
For your payout, I don't know the full story but Airbnb doesn't cover extra fees including cleaning fees.
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5 February 2025 | 5 replies
If we are right we clean up in 2026.
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26 January 2025 | 48 replies
Which results in more wear and tear and cleaning.
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9 January 2025 | 17 replies
I informed the guests that I would refund there cleaning fee because the cabin would not need to be cleaned.
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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?