![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/129141/small_1660593546-avatar-reforcharity.jpg?twic=v1/output=image&v=2)
18 August 2020 | 67 replies
Love this question I think about it everyday!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1862528/small_1621516208-avatar-ians174.jpg?twic=v1/output=image&v=2)
16 August 2020 | 13 replies
I routinely work with numerous organizations that have a 1000 or more corporate vehicles including LLCs where sequestration of liability makes perfect sense given the relative active business risks which are enormous and the relative costs of establishing and maintaining the structure are negligible.So again I say show me a small real estate operator that has been saved by an expensive and cumbersome legal entity structure that couldn't have been done it at least as effectively and much more efficiently through fundamental risk mitigation practices which disciplines one to act responsibly from the outset.In other words, running what are essentially passive real estate activities by retaining competent and professional management and a modest amount of insurance coverage (which should effectively limit risk sourced to the RE activity), and if you need additional coverage (for risk sourced outside the RE) get some ultra affordable umbrella coverage.Now I realize you won't be able to able to strut down the street pretending you are a player because you have an LLC, but it seems to be a very very small price to pay for not being played for a fool wearing the LLC trappings of a clown.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1345896/small_1698098016-avatar-mateod4.jpg?twic=v1/output=image&v=2)
15 August 2020 | 0 replies
What YouTube videos/channels and/or Podcasts do you guys watch/listen to stay educated and learning more every day?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/345460/small_1621445645-avatar-davidbell.jpg?twic=v1/output=image&v=2)
28 December 2020 | 136 replies
I am tempted every day when I see out of state properties that are great cash flow, cheaper cost to acquire etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1722567/small_1621515039-avatar-davidym.jpg?twic=v1/output=image&v=2)
17 August 2020 | 16 replies
If you don't hit this threshhold, deductions allocated/apportioned to that unit would only be allowed to the extent of rental income.Painting and that type of work is typically (emphasis on typically, the tangible property regs are a good read) considered routine maintenance and is deductible.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/772721/small_1621497075-avatar-erintintin.jpg?twic=v1/output=image&v=2)
29 October 2020 | 17 replies
I am on site virtually every day this month overseeing the renovation of the house next-door and would like to maintain a firm but cordial relationship. 
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1798269/small_1694635843-avatar-justinl388.jpg?twic=v1/output=image&v=2)
17 August 2020 | 7 replies
I'm inclined to help people as it is part of my every day process.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/352515/small_1621446095-avatar-lesleyr.jpg?twic=v1/output=image&v=2)
17 August 2020 | 2 replies
I do not want to collect money from the store everyday.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1430784/small_1621512232-avatar-tylerz14.jpg?twic=v1/output=image&v=2)
19 August 2020 | 21 replies
This statement demonstrates a profound ignorance of the real estate sales process and the issues that Realtors routinely have to overcome.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1195095/small_1666148515-avatar-mitji.jpg?twic=v1/output=image&v=2)
7 October 2020 | 17 replies
Because of your comment, before meeting with the client, I looked up the stats to see the percentage of Angelenos that were hightailing it out of the city due to the limitations Covid placed on everyday living.