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21 February 2025 | 4 replies
I still read a ton of business and real estate books going on 5 years doing this.
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21 February 2025 | 2 replies
They are known as the Winthrop Factors-The purpose for which the property was initially acquiredThe purpose for which the property was subsequently heldThe extent of improvements made to the propertyThe number and frequency of sales over timeThe extent to which the property has been disposed ofThe nature of the taxpayer’s business, including other activities and assetsThe amount of advertising/promotion, either directly or through a third partyThe listing of the property for sale through a brokerThe purpose of the held property at time of sale; the classification as an investor or dealer is determined on a property-by-property basis.To me intentionally buying a property to renovate it to resell it for profit, twice in the same year, and opened an entity to do it in ....is going to be ordinary income and not capital gains.
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29 January 2025 | 4 replies
., Smyrna, Decatur, Marietta), new construction or turnkey rentals for lower maintenance, or small multifamily properties for stability.
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11 February 2025 | 29 replies
Quote from @Caleb Brown: I would focus on being an agent first and building that business.
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11 February 2025 | 0 replies
The local who lives there but commutes 30-60 min to another community because they can’t find a job to support their family in their town.That same local knows that a 4plex would be great on that lot that’s been vacant for 20 years and that there are at least 4 families who could benefit greatly from that development.That local knows that Ryan’s plumbing and Katie’s electrical companies that service 75% of the town really needs a new flex space to use as a shop, storage, and parking for their business so that they aren’t working out of their garage and can hire a couple of locals to work with them at the office and in the field.Development is different in our small towns but if locals aren’t the ones doing it, and developers aren’t coming, what happens to our kids futures?
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18 February 2025 | 8 replies
It's clear they are not willing to even talk about it and we would have to make a big issue of it - threaten to pull out of the lease or bring in lawyers, and that doesn't seem to make a lot of sense because it will just make our lives hell and cause our business to suffer.
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13 February 2025 | 2 replies
Here is a source.https://www.ftc.gov/business-guidance/resources/can-spam-act...
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21 February 2025 | 4 replies
It's a business decision for you to make, everything has pros and cons.Yes, just list on STR sites with 30 day minimum, simple and done.
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9 February 2025 | 8 replies
It is the cost of doing business.
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12 February 2025 | 8 replies
My business partner and I actually own a portfolio of STR's in the area, so if you wanted some insight on that business I'm happy to share as well!