For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction.  However, we have be...

So I have been operating a Lake House Short Term rental for the last two years.  And I have been getting a lot of questions from friends, acquaintances, my own real estate agent, renters, etc.  So I put together an em...

Quick question, or what would you do? If you had a lot of money in the bank to fund flips would you do it while still working a 9-5 or don’t even bother getting a 9-5?

I get calls from sellers that I can convert to short sale leads but I don't want to work short sales. Monica Breckenridge mentioned in another thread that title companies negotiate short sales. Both Chicago and Fide...

I keep coming across posters asking for advice on how to “scale” their investment or business activities.  What they’re missing is that they first need to ask “Is my business / investment process scalable?  Here’s, th...

In an effort to be real, honest and fair, I will admit I can think of 3 key things I like about Obama.

1. Credit card reform legislation. This was smart and is, for reasons I don't understand, an underplayed bipart...

                                                                            Panic! Landlords Cannot Take New Pass-Thru Deduction! NOT.The IRS just came out with proposed regulations on the awesome new Pass-Thru Ded...

Property A was owned by LLC A 50/50 me and another partner.  After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...

Hi there! I’m trying to work on being vulnerable about being new and my situation. I always tell myself - “I’ll start connecting when I’m more experience” when in reality, reaching out and laying my cards out might be...