How are you paid and are those distributions underlying property performance based?   

Hi Justin - It sounds like your Airbnb is performing really well, especially considering your initial intent for the property.

Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success.

That means creating a clear budget, forecasting cash flow, and maintaining a detailed financial model that tracks both the current and future performance of your portfolio.Tax Optimization & Risk ManagementBeyond financial clarity, strategic tax planning and risk management are essential to safeguard and grow your real estate investments.

Performed as the GC What was the outcome?

Were these originally performing loans that went non performing?

This method allows each partner to defer capital gains tax on their portion of the property.It's important to perform the "drop" (distribution of property to partners) well in advance of the "swap" (sale or exchange) to comply with the "held for investment" rule.

Yes, when referring to “income is taxable to the person who earns it,” this applies to the individual performing the work, regardless of how the payment is directed.

Would you mind updating us on how your DSTs have performed now that about 2 years have passed? 

Do you know a surveyor who can perform tomorrow or resolve a survey problem?