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5 May 2024 | 6 replies
Looks like there are some active REIAs in my area, so I'll try to start getting involved with those, in addition to keeping an eye on FB.
5 May 2024 | 3 replies
I want them to send the check to my attorney for the closing on a specific property.I know that some of you are so eager to launch this new phase of growing your business that you really want to take that first check but don't do it.Here is why.
3 May 2024 | 2 replies
I am currently a resident of Ohio, but my business partner and I spend quite a bit of time in the Carolinas.
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6 May 2024 | 16 replies
Will the mentor help throughout the business plan?
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6 May 2024 | 10 replies
Find a good qualified realtor that knows the area well that is willing to not only work with you, but teach some of the business from their perspective.
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6 May 2024 | 10 replies
Check out zen business.
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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5 May 2024 | 17 replies
@Patrick RobertsDo you think it would be beneficial for me to register my business in SC as well right now?
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5 May 2024 | 17 replies
Shameless plug for Ryan Bakke - one of the best in the business.
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3 May 2024 | 1 reply
Unfortunately, so much of the literature and advice that is out there involves passive investments and/or situations where there are multiple investing parties in limited partnerships, etc.