We finished that phase with a high level of comfort with our tax plan.2.

I am a new RE investor and I am still in the market selection phase.

Can't really provide a lot of insight as I'm also in the exploratory phase, but would love to connect further if you have interest!

Hard money loan, in the phase of refinancing it now(may'24)How did you add value to the deal?

The builder will need to be approved by the Bank/Lender or the bank/lender can provide you an already approved builder they have used before in that County.Once the builder is approved the Bank/Lender will have a initial meeting and set up an agreed upon draw phase based on the work that will be completed in phases.Best thing to do is have a conversation with a seasoned Banker or Loan officer to start an application and set up step by step plan.Feel free to reach out if you have any questions I am always happy to help and talk REI.

This historical division of roles might lead to CPAs being excluded from initial discussions.Perceived Scope: GPs and attorneys may perceive the initial structuring phase as primarily legal in nature, focusing on regulatory compliance, fund agreements, and investment structures.

The amount you can write off phases out if your AGI is above $100K and goes to zero once you hit $150K.If you qualify as a Real Estate Professional Status (REPS) then any passive loss can offset any active income.  

As an owner, I should learn all I can about the construction phase.

I want them to send the check to my attorney for the closing on a specific property.I know that some of you are so eager to launch this new phase of growing your business that you really want to take that first check but don't do it.Here is why.

Your first goal made me laughI think this year will be a transitional phase for a lot of people.