There is an "STR loophole" and "Real Estate Professional status" - two unrelated tax concepts.

Often when I work with real estate investors to create asset protection strategies, most tend to prefer a simple asset protection structure (something low-cost that does the job essentially).

Have you ever partnered with others on real estate ventures?

Hi All,My investment partner and I are currently conducting some early research on strong areas to purchase a cash flow rental, likely in late 2023/early 2024 (our first foray into real estate investing).

Then, products such as HELOC or 1031 exchange are not open to me as a foreigner so even though i have on paper $500k in equity I don't have a real way of tapping into it.Any ideas or suggestions what I can do now to keep growing would be much appreciated!

At the end of the contingency period, you and your agent will let the seller know if you want to move forward with the purchase, if you want to terminate the agreement, or if you want to ask the seller to make repairs or issue a monetary credit before closing.

There's something to be said for working with real professionals and paying them a fair price.

Gap loans can be a bit harder to find these days, but there are still some hard money lenders who offer them.Connect with other investors or join real estate investment forums.

I'm Ranil Fernando from Ottawa, ON, Canada, passionate about real estate investing for last 6 years.

Local credit unions, big 5 banks, regional, everything in between.