Through connections with people in various markets, I was able to establish short-term rentals internationally, manage properties in different states, and diversify my investments in a way I hadn’t initially planned.A lot of these opportunities came from contacts I made over time.

This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.

If not, consider establishing one for 2022, after learning the rules.

Buying properties in solid and well established locations2.

I think getting really good at one thing, establishing a network within that niche, and being able to analyze deals quickly is the key making things work.

Like @Bruce Woodruff said you have to establish your goals and "why" REI or homeownership should be in your life.

That is all sufficient to establish a fact pattern of actions that will have serious consequence for him.If I was the FBI, I assure you I am not, I would join the Subto “community” and start gathering what I need in order to bring charges and win my case.Hmmm, I wonder if it would fall under the RICO statutes.

Additionally, filing establishes a record of your business activities, which can be beneficial for future deductions or tax compliance.This post does not create a CPA-Client relationship.

For that time frame it would not make sense to turn it into a STR as there won't be enough time to establish a history to attract good vacationers.

@Agatha Oliveira Over the last 10 years case law has been established that greatly expands the ability to redeem tax sale properties.