However, if I take out a construction loan later down the road, say 5 years, I probably am not going to have more than $10,000 to put on that loan so I’m not sure if this is the best route.

Hopefully this helps clarify things a bit!

If this HR block person doesn't know (which is common with them sadly) it maybe time for another accountant 

As we approach 2025, this trend is expected to accelerate.

This may be easier to find in smaller towns or rural areas.Growth potential: Research areas with growing populations or emerging business districts.Tax incentives: Some localities offer incentives for small businesses or specific industries.Infrastructure: Ensure reliable internet and necessary utilities for your business.Potential locations to explore:Atlanta suburbs: Consider areas like Decatur, Marietta, or Lawrenceville for a balance of affordability and proximity to the city.South Carolina: Look into growing areas like Greenville, Rock Hill, or smaller towns in the Upstate region.North Carolina: The Research Triangle area (Raleigh-Durham-Chapel Hill) offers opportunities, as do smaller cities like Asheville or Wilmington.Remember to thoroughly research local building codes, zoning laws, and business regulations in any area you're considering.

I think that would be helpful information for BP audience.

Does anyone have a spreadsheet formula for this?

Will just flat out raise my hand and say I'm new... but have been studying for years on SS (have done residential flips/rentals), now or never to actually s or get off the pot haha.

FoundationI just had a client request her contractor that she had used in the past (this was due to cost, he is less expensive).

Hi all, My name is Steven and I recently discovered bigger pockets podcast after listening to Ken McElroy's podcast.