And having been CEO for the last 6 years, and with the company for 10, I have observed some nuance:- The guy with two units in Mississippi sometimes has no debt and has spent 1,000 hours learning, knowing their stuff.

Hello All,     Still getting caught up in reading and learning about Real Estate Investment.

I am several individuals I know have been flipping, wholesaling, etc. 

I am an Investment Advisor looking to get into multifamily through syndication (in the beginning stages of research and learning).

I mean this thing is getting ready to blast off and I'm still learning what shape blocks go in which shaped holes!!

I'm seeking insights and guidance from professionals with expertise in residential development.I'm looking to understand the essential evaluation parameters for residential development opportunities and learn about efficient quick & dirty underwriting.If you have relevant experience or knowledge, please reach out.

Please feel free to ask me any additional questions, I'm happy to share what I've learned.  

The IRS cross-references your 1098s with claimed deductions, raising concerns if discrepancies arise.Private Lenders and Forms 1098: Private lenders are required to send Forms 1098, but only if they meet specific criteria:The private lender operates as a “trade or business,” distinguishing professional lenders from casual lenders like friends or family members.The loan is issued to an individual or a disregarded single-member LLC.The loan is a mortgage secured by real property.The annual interest paid on the mortgage was $600 or more for the previous year.The conditions leave some room for interpretation, particularly regarding the “trade or business” clause.

Happy to continue the conversation....I may be interested in learning more about your AirBnB strategy as well.

When things went wrong around the house, I learned how to fix them.