Focus on creating a serene, standout vibe and avoid furniture sets.

However, safe harbor is not required to claim QBI; you can still qualify under general trade or business principles.

While no renovations were required, Partner Driven’s market research, funding, and negotiation expertise added significant value.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

On public websites, I see some options to acquire a duplex in central Los Angeles under $550K which would require at least another $50K of work if I do not outsource most of the labor.

I do understand being selective on the type of buisness you take, but as an agent we still have a fiduciary duty to our clients to make sure they receive the level of service this price requires. 

I make sure that when I am doing major work that I plan to avoid potential problems on a Sunday. ie I am not replacing valves and faucets on a Sunday in case something breaks and I need to shut off water and go get a new part to fix it and they are all closed until the next morning. 

We avoid lending to folks that don't really have their math/numbers together.

@Adam BartomeoGuys the IRS requires the 1099 amount to be equal to the GROSS amount you collected on behalf of the owner, even if you are collecting water bills, etc. from tenants.NOTHING is deducted from the Gross amount,including your PMC fees!

I would recommend fixing it yourself to avoid any liability from the tenant and then try to get the HOA to reimburse you.