Tell us what you really think of the opportunity and ask more specific questions.

Commissioner, 73 T.C. 766 (1980), specifically confirmed that rental management activities can qualify for the home office deduction, regardless of passive income classification.Key Considerations: 🔑The space must be used ONLY for rental managementNo personal activities or other business uses allowedMust maintain solid documentationActivities should be regular and substantialPro Tips: 💪Consider the simplified method ($5/sq ft, max 300 sq ft)[Rev.

Quote from @Steven Catudal: Hi all,My partner and I are looking to buy investment properties in Alabama, specifically Birmingham.

Louis, MO real estate, ABODEbucks is a full-service STR-specific management company charging a flat $250/mo + $20/night booked.

Hello, I am a 23 year old embarking on my journey into real estate, specifically focusing on multi-family properties.

You should consult an attorney or CPA for your specific situation.An LLC is useful for two things: anonymity and legal protection.

If they're doing anything another tenant would complain about I send them a written warning and the minute another tenant complains is when I'll double check to see if I can file eviction for that specific thing and give the tenant three days to knock it off. 

Talk to a few and get details on the specific strategies that could make sense in your situation. 

I feel like it's important to note that there's a section of tax law, Section 280A, that is specifically designed to prevent deducting expenses related to a personal dwelling.BTW, Section 280A is the chunk of tax law that creates the Augusta loophole, sets the rules for home offices, provides the formulas for deduction calculations for vacation properties.A generalization: If someone has a dwelling they use personally and also use for business, Section 280A basically limits the deductions to the actual true income received.P.S.

Another route could be private lending, where you provide capital to other investors in exchange for interest returns.Have you considered any of these options, or are you leaning toward a specific strategy?