Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
Dick Green
I've been gone for so long that I'm compelled to start up fresh.
6 January 2025 | 3 replies
Starting all over from scratch... my gray hair is turning back black....LOL.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
Finding, developing and maintaining a 'brand' is hard and time consuming work.Let me turn the question around; As a seller, why should someone pick one agent over another.
Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
It's in a newly developing area with houses being built and other lots selling nearby.
Anade Davis
New Member Intro from Houston Texas and Florida
3 January 2025 | 7 replies
They may be a great resource for you to start building connections.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
19 January 2025 | 47 replies
Once these type investments develop a history, I can see a market similar to peer to peer lending where default rates become standardized and known.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
I still think developing good relationships with brokers is the best way and will get you the best results quicker than going direct to seller.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
Should I play harder and get into land development?
Robert Frazier
$35k reasons you should always use experienced agents for real estate purchases.
27 January 2025 | 2 replies
One is a non-conforming duplex, the other is a flip with lot split-development opportunities.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
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?