Without that designation, your K1 losses remain passive and can only offset passive gains.If you’re looking for a true tax deferment strategy, consider a 1031 exchange for future sales to defer capital gains by reinvesting in a similar property.

-CJ Johnson Life House Design and Construction San Diego, CA 

Hey everyone,I’m exploring the idea of creating a software tool designed to streamline the due diligence process for commercial real estate transactions.

Rent or at such other places as may be designated by the parties from time to time.

Rent or at such other places as may be designated by the parties from time to time.

It's all in the design.

.🙌 What are you most looking to get out of BPCON 2024to network with folks that are as passionate about real estate as me while soaking in all of the knowledge🤝 Fill in the blank: If I could make a great connection with someone who is an expert in _________ at BPCON 2024 then I would leave BPCON happyShort-term rental designs!

Also, the structure is with interest only payments for 10 years... is that by design or is that needed to pass the minimum ratio to qualify for the loan? 

@Dave Kush You could always market the property to indoor smokers Lol

Really it's burnout as humans aren't designed to work graveyard shifts (look it up!)