It is 'lost' when investing within a retirement account.2) If the extra rate of return is about 1%-2% it may make sense given all the extra worth involved such as setting up and paying for the SDIRA account and then potentially having to file certain tax forms if your income is subject to Unrelated Business Taxable Income.

Saw one person who sent their own demand letters and screwed up the amount owed so the borrower waited up until day before FC, filed an injunction/ temporary restraining order and won and got the case thrown out and started all over again.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

It also makes negotiating things like insurance rates easier because you’re seen as a business, not just an individual.Of course, there are pros and also cons, like setup costs, filing fees, and more paperwork to keep up with.

To safeguard against being pushed out, include provisions for mediation in case of disputes and consider filing a lien or using escrow arrangements to secure your share of profits. 

If rent is still not received by the tenth of the month, an additional $100 late fee is imposed, PLUS you file on them the same day. 

Note that if you are married filing joint, only the spouse who is qualifying for REPS is able to count their hours.Step 4: Apply the quantitative testsPer Section 469(c)(7)(B), in order to qualify for REPS, you must meet both of the tests below:750-Hour Test: If you materially participate in a real property trade or business, you must spend 750+ hours during the tax year.More Than Half Test: You must spend more than half of your personal service hours in the real property trade or business in which you materially participate.Step 5: Material participation in rental activities Just because you qualify for real estate professional status does not mean that your rental activities are automatically considered non-passive.

If the properties were placed into service in 2022 or before, you may need to file form 3115 (change in accounting method) to factor in the 'updated' depreciation schedule from the cost segregation study.Best of luck

Most people do not realize when someone liens a property its just a lien, but to collect on it they must file a lawsuit to collect that money which will cost them 5x more than what its worth. 

You are usually better off filing jointly.