Each has their own tax implications.There are some alternative methods of calculating how much of the distribution and therefore the interest expense falls under this category, but the bottom line is that it is very important to keep track of. 

I would recommend anyone lending in this environment to fix and flippers or any type of investment to be careful and get a personal guaranty and make sure person has a long track record.

Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.I have assisted OOS investors with repairman/handmany/GC references.

I just created 4 google chrome extensions using it that can send information through AI assistants and spit out different results from Meme's, to images to social media posts etc.We are also building agents in copilot that are specific for internal use.

Keep building, you’re on the right track!

Looking at an upcoming partnership in 2025 and looking to tap into some of my primary homes equity to assist with the down payment.

Taylor, You are on the right track by asking questions now and starting to learn as much as you can.

We could be very agressive on this and lower our tax liability.We might be romanticizing the real estate opportunity to fast track us to FIRE but we're looking at all these levers and trying to figure out what is the right one / right order to pull.

We are extremely selective with the deals we pursue and who we pursue them with.... which is why we have the track record we do.

I mean we tracked a 2 mil population metro and were able to buy 1 to 3 a month with 6 full time folks doing nothing but the tracking and door knocking. do it yourself going to be a challenge but hey give it a try see how it works.