Uses the grouping election to aggregate their material participation requirements over their entire portfolio4.

We sold it maybe a dozen years ago after it got hit in consecutive years by hurricanes.  

I hope everyone scammed here is able to recover at least some money; however the subject “guru” appears to be quite adept at dodging responsibility and consequences.  

You want to find partners, not butlers.

I don’t want an impulsive tenant to pay a visit to my house if they are upset about something.Unfortunately, since setting up the LLC, I found that a few weeks later I was easily able to tie my name to ownership.

The problem is, airbnb income is not considered "stable" so for qualifying purposes there isn't a way to project that accurately if there isn't any previous rental history for the property. 

Here's a framework that you should know for tax planning:The further you can push your taxes out, the smaller they become.The time value of money shows us that a dollar is worth more today than 20 years from now.Planning is used to kick the can down the road, and make sure there will be available cash to pay the tax!

In a seller's market, home prices typically increase due to limited inventory, while in a buyer’s market, prices tend to be more negotiable.

A local broker/investor has recently bought a tax lien for the house next door to us.

Paying 2% of sell price to buyer.