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7 May 2024 | 10 replies
@Tony FerreiraYou have good options based on the limited amount I could gather based on your post.Shot you a DM, please feel free to follow up if you'd like!
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7 May 2024 | 14 replies
AbelThe question was based on one month, though I’m looking for a sustainable process to put in place.
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6 May 2024 | 9 replies
That will play into the pros/cons of duplex vs SFH.
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9 May 2024 | 43 replies
Nonrecourse loans- solely base off the value of the property. 30-50% downpayment, no person guarantee can be made.
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7 May 2024 | 19 replies
Love to touch base and explore more together!
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6 May 2024 | 7 replies
In Florida, you get grandfathered on property taxes based on when the value you paid when you purchased each property.
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6 May 2024 | 14 replies
In my experience I have had some builders/manufacturers push back against this process but if they want the business then they will typically play ball.
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7 May 2024 | 24 replies
You will learn a ton here :) I am based in San Jose and invest out of state in Ohio and north Kentucky.
4 May 2024 | 3 replies
Unsuccessful Property Search: Hours spent on unsuccessful property searches, where no purchase is made, do not qualify.On-Call Periods: Instances where you are on-call but do not actively perform work do not count towards material participation.Meeting Requirements:Maintain Detailed Records: Keep accurate time logs and records documenting your involvement in material participation activities, supported by evidence such as emails and calendar appointments.Seek Professional Guidance: Collaborate with a qualified tax professional to ensure compliance with IRS regulations and to optimize your material participation strategy.I hope this high-level overview gives you insight into what activities matter and ones that do not.
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7 May 2024 | 5 replies
I would not start investing, creating businesses, or doing anything in life based on a unicorn example, whether it be real or imagined.I would look at the industry from the top down, figure out what realistic margins are, and see if I can gain a competitive advantage or beat general market returns by a few % points.