
11 November 2024 | 5 replies
@Jordyn Gegg - I have a PM company that oversees all of my individual LLCs.

11 November 2024 | 6 replies
Quote from @Brody Veilleux: As far as I’m aware, FHA loans are only for individuals.

11 November 2024 | 4 replies
If individuals and/or LLCs are the beneficiaries, then it is doable.

12 November 2024 | 1 reply
The home sold for 135k to an individual using a VA Loan.

13 November 2024 | 8 replies
@Jerry ZhangThis is not your ideal seller financing individual.

12 November 2024 | 1 reply
While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.

11 November 2024 | 10 replies
My name is Eli and I’m interested in doing fix/flip and BRRR’s I’m glad to be apart of this amazing community and can’t wait to connected with other like minded individuals!

15 November 2024 | 17 replies
Robbie - first thing that comes to mind is renting out the rooms individually on shorter term leases (co-living model).

18 November 2024 | 47 replies
Those people overlooking what it means to “materially participate”Here’s the Material Participation Criteria:Spend more than 500 hours on the short-term rental businessDo substantially everything for the STR businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursA Cautionary Tale: The Story of JacksonLet's take a moment to learn from the mistakes of others.

16 November 2024 | 32 replies
It was left up.This particular individual would have really went off and done personal attacks if anyone would have been bold enough to challenge what he was doing openly.