Quote from @Daron Williams: I just invested in a tax deed here in texas it was a beautiful lot right on lake sam rayburn. i have it on the market for sale the only problem is you have to have two lots to build on.. i found the person that owns the lot to the right of me and there willing to possibly sale there lot the only problem is i dont have the money or the credit  to purchase it.

No problem, I had cash from a refi, a HELOC, and a personal LOC.

Proper time tracking and logs are critical for demonstrating compliance with this rule.I've only seen one person with a W-2 qualify for reps, and that was from a tax court case where people had to come in in person and attest to his hard work.

Again, this is a conversation to have with your accountant to ensure the benefits would outweigh the costs.Another misconception is that there is little value in a cost segregation study for properties that do not have a lot of personal property in them or very little interior build out, such as industrial warehouses.

His staff was equally welcoming, and my business partner and I signed up for his in-person workshops for 2025—it was an excellent deal.

Here are some Key Takeaways for You to Turn Your Multifamily Real Estate Dreams Into Reality:➡️Define personal goals.

Hi Ven, I personally consider properties that at least cash flow with full occupancy. 

A good investor-agent is worth their weight in gold because of market expertise, connections, and knowing how to get deals done, not because they’re your personal deal-finder.The best deals don’t come from sitting back and waiting for an agent to serve them up to you.

@Shannon Leckinger  I would not buy a condo, and I would not buy in an HOA unless you just want a place at the beach for personal use.

I personally believe that a better way to jump into mid term rentals is to take a course on buidling a property management company or cohosting business where you bring your skillset to the table without the intial investment into all the furniture and leases.