That is excellent advice.

However, there is a special allowance under which some or all of your passive activity loss may be allowed.

@Gary Lucido you make an excellent point about various middlepeople going obsolete, for real.

Reputation Most lenders that I work with have excellent and honest reviews on Google.

If you want to append phone numbers and email addresses to existing databases and Excel sheets you really need to know a lot about how to change records from Excel to comma-delimited files and then how to change the comma-delimited back to Excel.

@Dan Stelmach first of all congratulations on your excellent investment.

I am thinking this is the play... sit back and collect the rent two weeks early from the seemingly excellent tenants. 

I do not break them down into categories, however I explain what work was done in the memo line so if I want to know later I can print the report and add to an Excel spreadsheet.Attached are screenshots of a sold property.

@Gino Barbaro has an excellent education and coaching program.

This deal was an excellent example of how Partner Driven’s renovation strategies, combined with market expertise, can yield substantial profits in a relatively short period.