![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2995563/small_1714957045-avatar-ryand980.jpg?twic=v1/output=image&v=2)
14 January 2025 | 18 replies
How about using SDIRAs not to hold assets but to operate businesses?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/877216/small_1621504840-avatar-henryl50.jpg?twic=v1/output=image&v=2)
22 January 2025 | 12 replies
The properties we operate are all in Indiana.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
14 January 2025 | 2 replies
In our area, it is rare to find a gas station where the real estate is owned by the operator.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2520592/small_1672553962-avatar-patriciaa122.jpg?twic=v1/output=image&v=2)
10 January 2025 | 12 replies
One workaround could be keeping a separate spreadsheet to track your adjusted tax basis accurately and only using Stessa for operational insights.You could also reach out to a cpa and see if they have a specific recommendation for software to use.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3156937/small_1734213421-avatar-jeremyh500.jpg?twic=v1/output=image&v=2)
14 January 2025 | 2 replies
Don't operate under the, "we get along and can figure it out" mindset.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3169663/small_1736894078-avatar-erickp49.jpg?twic=v1/output=image&v=2)
20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/684030/small_1621495405-avatar-dominicm11.jpg?twic=v1/output=image&v=2)
19 January 2025 | 9 replies
I was conducting an extremely seasonal business and after 8 years of operation the business was insolvent.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3154358/small_1733543639-avatar-charlenek13.jpg?twic=v1/output=image&v=2)
15 January 2025 | 15 replies
We have a RE attorney & mortgage broker to make sure our operation is legal & compliant.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171473/small_1737233964-avatar-nicka346.jpg?twic=v1/output=image&v=2)
23 January 2025 | 16 replies
Currently, I am self managing all the operations.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329845/small_1674401826-avatar-7einvestments.jpg?twic=v1/output=image&v=2)
16 January 2025 | 19 replies
The issue is: can the operator survive to that "long term".