Has anyone else noticed that it seems that the people who have the least understanding of money, investing, and profit and loss are bankers???

The Property Management amount is a Guaranteed Payment and is reported on line 4 or line 14 of that specific partner's K-1 with a notation of "A" as the payment type.All other profits and losses for that partner (and any others) get reported on line 2.Do not 1099 the partner.

There certainly can be reasons - divorce, job loss, etc.Good luck and let us know how the meeting goes tomorrow!

After further review of the house it’s seeming like the renovations are bigger than I expected.

I'm new when it comes to REITs and I've been looking at some of the bigger REITs in the UK.

That’s what I get for being nice and working with her after a job loss and other personal problems.

Dream bigger and 10X your goals.

Hello Bigger Pockets members,I am looking to starting my real estate investment journey in Columbus Ohio so am looking for recommendations for a RE agent & property manager that has experience with the BRRR strategy.

I'm going to start looking for a venue and spread the word outside of bigger pockets as well. 

If the large loss would have put you at a big disadvantage if you found a deal today and needed the money, then I'd still go with safety and accessibility (savings) over the brokerage.But ultimately its up to you!