If you want to get involved in the day to day & make an active business buy a distressed property cash, renovate it & refinance.

Hello, are there any Realtors on here who are also active investors.

When I mentioned it to my CPA he went more of the route of capitalizing/depreciation so I'll explore both options with him.I am considering selling the property once this rehab is complete, so depreciating may be useless if a portion of it is going to be recaptured immediately anyways.

The partnership return reports to the IRS and State the partnership's activity during the year.

Summer demand is pretty good in many of these locations, too, because there are a lot of summer activities, and many of the ski mountains do mountain biking in the summer. 

The forums have an abundant of knowledge and I suggest exploring a bit.

His name will be appearing on the unlicensed activity records of the state in the near future.

You also need to account for the fact that we are in the Fall/Winter and there are less active buyers looking for a home.

We house hacked - we lived in 1 room and had roommates filling the other two rooms, creating good cash flow while we lived there.My husband is active duty Air Force, so in July 2016 we PCS'd from California to North Dakota.

Hello Any active Airbnb hosts on here?