This means you need to report your rental income on your tax return, which is usually taxable, but you might be able to take deductions for rental expenses like mortgage interest, property taxes, utilities, repairs, and upkeep.When you work from home, you can deduct expenses related to using your property for business purposes.

The market is booming in both the business and real estate sectors.

We've tweaked our model over the past 15 years and we're simply not willing to overpay like a lot of people, but if you find a deal where the numbers truly make sense, I think Plant City is a great place to invest.

Prior to speaking with an attorney you need to learn how the syndication model works.Underwriting, LP/GP structure, fees, etc.A great book is Best Ever Apartment Syndication - textbook for this business.Happy to provide more insight on the process, if you want to send me a DM.

It has turned into a business for me.

So long as the home you own is not your primary place of business, you can rent it out for up to 14 days and not report that income on your individual tax return.

To qualify as a real estate professional for tax purposes, you don’t have to own or work for real estate businesses or have a real estate license.

Depending on your business model it will depend on how you want to incorporate your business.

That might be good for your company, but not great for the owner or for agents who you want referral business from.I want to know that you will take golden care of my clients property. 

Contractor management is one of the most challenging parts of the business.