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23 September 2024 | 19 replies
Nice try though.Myth 4: I'm hands-on, so I materially participate"Material participation" is defined by the IRS, not by your Facebook friends and not by YouTube gurus.
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23 September 2024 | 14 replies
There are multiple ways to qualify for "material participation" but this would help to keep someone else under 100 hours.
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24 September 2024 | 2 replies
Spend more than half of your total working hours in an RE business in which you materially participate.2.
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25 September 2024 | 6 replies
Know the prices of your trades, know your material costs, know your end sales prices.
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23 September 2024 | 5 replies
What you may save in material you will make up for in engineering and architecture fees.
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25 September 2024 | 6 replies
Potential hangups with materials?
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23 September 2024 | 4 replies
Two coats of paint including ceilings and trim for a 1200 sqft. house in our market is at least $5k including materials.
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23 September 2024 | 2 replies
Therefore, you really need to have a great team in place and be able to source labor and materials at "in house" prices.
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24 September 2024 | 16 replies
Discuss timelines, costs, and any materials that might be needed up front.
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23 September 2024 | 2 replies
I have had this occur with cabinets, flooring and other materials made from overseas that the product testing compared to the in field testing of the product were very different.