I originally set up my RE LLC through ZenBusiness.  ZenBusiness adds reporting requirements every year.  I received the following email below from them.  The rule went into effect January 1, 2024.
Have any of your al...

With a diverse background that spans over 14 years in business ownership, sales, marketing, media, and business development, I'm eager to bring my skills and experience into the BiggerPockets community.Before diving into real estate, I spent 16 years in IT with the federal government, and I'm also a proud Air Force wartime veteran.

Make sure the CCRs/ governing documents do not put limitations on use.

Why do you think purchase contracts are so long and have such small print?

The government and IRS got wise to landlords taking these direct payments and not reporting them.

I have heard of a new government office coming in on the east side which should provide good careers in the next 2 or 3 years.

I would print out the law on this for your area and leave it with him in case he gets upset (sounds like he might?)

Now the listing agent looks like he can't bring in any serious offers to the seller.Another version of this is the offer comes in verbally, then when it comes time to put it in writing the buyer has expensive or unrealistic contingencies.It only takes a few minutes to write up a contract.A verbal offer is worth the paper its printed on.

As the recession (real world tactically defined not academia/government strategically defined) continues we will see a larger uptick in the direct bookings.

My recommendation is for your client to figure out where they want to be, then talk with the local government about what options are available.Good luck!