Also I plan to buy a total of five duplexes, which; I will later trade up for a Apartment Complex.

I totally agree that being responsible for someone's retirement money is a huge responsibility.  

For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.  

Getting awesome info and totally pumped about the potential of building that PCF!!

The code says that the total garage width should not exceed 16 feet.

I'm good at self study and have done licensing exams like this before; I used to work in finance and insurance so I'm not totally new to the whole licensing exam idea.

I am not a lawyer/tax professional.Here is what the IRS says:https://www.irs.gov/publications/p463/ch01.htmlOn a side note, based on what I have learned from some professionals, your trip must be predominantly for business purposes: you must spend at least half of the total days on your business.

General rule (for more reasons than one):Buy and hold rentals=LLC or hold in your personal nameFlipping=S-Corp (although this depends on some other factors as well such as your total profit and W-2 income) It may not be worth it depending on your situation.

I am securing an off market deal in Anne Arundel County Maryland.

Hi guys,I know you've probably gotten this question a million times, but seriously when it comes to RE investing, should I secure the funding first, or the deal?