The late filing penalty is $195.00 per month per member/partner.  4 members 18 months late the penalty is $14,040.00When your only tool is a hammer, everything looks like a nail.

David Greene has been hammering this, and Brandon Turner said on a podcast a few months ago that buying rental properties is not a good investment strategy.  

When you're sitting at 50-100 units under management with a demonstrated track record of more than one standard lease cycle then investors will be able to invest with you with some security.Compare this to the many many skilled hammerswingers that have come through our halls that, because they are skilled at swinging the hammer and have managed a property well, decide to jump into the PM business (or full-scale contracting, or any of a few different ventures) only to find out 10 units in that there is more nuance to these industries than is readily apparent from the outside. 

The 3rd currency is relationships which any solid REI community can help with this can also help with time as you can leverage your relationships to get support on projects...meaning you do not have to spend your time swinging a hammer as well as can mastermind to accelerate knowledge.People should consider 3 things when they are exploring education, mentorship or any $cost programs.Does it work? 

They will spot issues a regular home inspector will miss, and be prepared to hammer the seller on inspection negotiationsBest of luck!

Perhaps as I grow I'll put the time into writing one - or maybe I'll just use the one above that I hammered together in 45 seconds!

Or hammers.

As you are well aware, you get absolutely hammered on capital gains taxes on non-qualified mutual fund accounts (and stocks when you sell). 

David Greene is now hammering investing for equity, and Brandon Turner even said in a recent podcast with Ryan Pineda that rental properties are not a good investment.

We got hammered in taxes last year due to our W2 income, so looking for ways to offset.