There are many accounting methods utilized in a business as these are the rules that dictate how businesses report their income and taxes for tax purposes.When should you use a Form 3115?

The plan is to maximize the space we have and rent as midterm rentals to medical and business professionals.

@Bryan OjedaIf the business has been paying the debt for 12+ months, you can usually remove the liability from your calculations.Keep in mind that while DSCR loans don't always report to credit, THEY CAN.

So then began the journey....Sold our existing home in a week around the beginning of January 2024, used some of the equity for debts, but other for a down payment on this land.Created an LLC to hopefully gain more business from this build.  

I think there are two ways to “scale” your real estate business or investments.  

Looks Like both of you have two different Risk reward models and also different scaling models.Leverage is king.  

We just closed on one STR and have two more in contract.We’ve been actively investing for about 2 years and I am still running my other business, so I classify myself at stage 1.5 as a RE investor.

I’d really love to pick it up and make some useful community growing business.

How can I help you achieve some of your business goals?

Could be lucrative for both my investment and realtor side of my business.