I mean material as recently as late 2022 was totally off-base-- the real estate rookie bootcamp, you had porfer Morby on here, the Carl twins that promote STR as recession proof, the list goes on.

EMD, loan application fee, securities attorney retainer, due diligence expenses, etc.). 

I'm also open to suggestions on other (post covid hopefully) reading material, podcasts and resources. 

Materials won’t be that much a couple hundred maybe.  

If you're passing along cleaning fees to the guests, then they shouldn't have such a material impact on your profits.I'm speaking from experience a little bit.

Her work in this way again is not influenced at all by if it is an LLC in her name, your name, or both - it is based on actual hours worked.IF and AFTER you meet the above tests, you need to prove that you materially participate in your RENTAL trades or businesses, generally this is at least 500 hours per year, but there are other tests as well.If you qualify for all of the above, now you can use tax losses from rental real estate to offset W-2 income. 

Hello all-  Briefly- I used a HELOC on property A to buy Property B which I am now trying to sell with 100 % owner financing.  Im paying X on the HELOC, but collecting XPLUS on the note.  I've crafted terms that are a...

I got a feeling that life as a Private-$ Investor may be a great place to start, and these properties lend a perfect means to testing that out, solving 2 issues in 1 action, because you can JV your way out of the operational side of things AND retain that long term financial upside. 

You need to get a quote from a local handyman or contractor.Not sure about every state, but in the states where I invest - If you do the work yourself you can only deduct the cost of materials.

They would have to pay an attorney $5,000 retainer just to get his attention to have him tell them they have no case.