Rob Gillespie
Be Honest.. What Challenges are you having in this business?
21 January 2021 | 25 replies
(I fly private on my big jet with 300 of my closest friends and allowed Spirit to wrap it for marketing purposes :-) )My biggest challenge is that I believe Residential Real Estate can provide an amazing lifestyle, better than most surgeons, but it is not scalable enough alone to take me to the next level.
Lloyd Segal
Economic Update (Monday, November 2, 2020)
8 November 2020 | 5 replies
The “White House Reconstruction,” also known as the “Truman Reconstruction,” was a comprehensive dismantling and rebuilding of the interior of the White House between 1949-1952.
Ahmed Bayoumi
Full rehab in Brooklyn Park!
5 July 2022 | 0 replies
This house was a big rehab challenge because we had to completely reconstruct the upstairs.
Lien Vuong
Single Family Property
11 July 2022 | 0 replies
Purchase price: $415,000 Sale price: $415,000 Light filled 3-5 bedroom 2400 ft reconstruction with beautiful slate fireplace.
Terri P.
Security deposit obligations
19 July 2022 | 3 replies
Also, debating on the best approach because he isn’t the greatest person and doesn’t deserve another minute of my time.For details/background:The guy is military and is a resident surgeon (yep, future surgeon of America).
Annie Balagot
Short term rental as an active activity
30 August 2022 | 19 replies
Would love to be able to take advantage of this loophole this year.Found this article A taxpayer can overcome the presumption that all rental activities are passive if the taxpayer qualifies as a real estate professional by satisfying the two quantitative tests of Sec. 469(c)(7)(B):More than one-half of the personal services performed in trades or businesses by the taxpayer during the tax year are performed in real property trades or businesses in which the taxpayer materially participates, andThe taxpayer performs more than 750 hours of services during the tax year in real property trades or businesses in which the taxpayer materially participates.There are 11 types of real property trades or businesses: real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.Qualifying as a real estate professional allows the taxpayer to overcome the presumption that all rental activities are passive.
Nancy Wang
Real Estate Professionals definition by IRS
10 January 2017 | 7 replies
However, there is a provision in the law that allows the taxpayer to reconstruct their daily log.
Dan Handford
List of Lender Denials for Inexperienced Multifamily Syndicators
27 May 2018 | 35 replies
"Inexperienced Syndicator" is that like "Inexperienced Surgeon"?
Gregory Duck
Where to begin
15 April 2023 | 9 replies
I remember one night at a hospital seeing a cardiothoracic surgeon spending hours documenting records.
Ethan Hanes
Biggest Mistake in Real Estate
21 September 2022 | 40 replies
You want a surgeon specializing in the surgery you need, not a general practitioner.