John ONeill
What Makes a Contractor Truly Great? Let’s Chat!
18 January 2025 | 2 replies
A great contractor takes pride in their work, whether it’s making sure tiles are perfectly aligned or that the trim looks just right.4.
Nick Rutkowski
Not Going As Planned
29 January 2025 | 3 replies
Hour 1 goes by, we're still working on this door, none of our marks matched up, now one side of the door wasn't working when it was previously.
Jonathan Greene
Why You Should Never Take a Break as a Real Estate Investor
27 January 2025 | 26 replies
You should take a break from buying if the deals don't match your buy box, you are out of money, or for several other reasons (partner isn't on board, over-leveraged on different properties, acting out of FOMO, etc.).
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
How to match them and where to get them?
Cody Caswell
Your Design Doesn't Always Have to be BOLD!
18 January 2025 | 3 replies
We wanted this client's project to stand out, but a bold and modern aesthetic just didn't match the house.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 5 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
It should be pretty accurate - high level data sites are not always going to be perfect, but should always be directionally correct and AirDNA has a pretty strong track record.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
Whether your plan is to generate rental income for part of the year or to create unforgettable memories during your personal stays, Mexico provides an attractive combination of high returns and diverse options to perfectly match your lifestyle and investment goals.Hope this information helps anyone in this group who is considering expanding their investment portfolio into international markets.To our success!
Jarret Jarvis
10 Smart Tips for House Hacking in Chicago: Find Your Perfect Investment Property
4 January 2025 | 0 replies
Here are the top 10 tips to find the perfect house-hacking investment property in the Windy City:1.
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Neighborhoods Set the ToneSan Diego’s neighborhoods each have their own vibe, and we’ve learned that tailoring renovations to match is essential.