My wife is an interior designer in Silicon Valley. She comes across a bunch of investors who buy old homes, rebuild it and sell. So we are wondering if we can take up that as a business. Here are some initial numbers ...
We're updating the fencing, replacing a dated leaky porch entry, taking out a dead tree this year (2023). Can we business expense all of these projects in the same year. Or do these larger upgrades/updates need to be ...
I am undecided on the best legal structure to invest in notes as a side business. I have 3 options and each has their own things to consider. I have personal investment fund and an IRA of equal value1. Sole propriet...
I want to document my agent's and my own activities so I can claim the 20% Pass-Through Tax Deduction (aka Safe Harbor). I know the logs have to be contemporaneous. Wondering how others are doing this?
those of you experienced in this asset class. have you used cost seg and how does it work for this type of asset.Other than the normal things you would include in any real estate.. wondering since its a bizz if you c...
Hi - bought my first rental property in Jan and rented it quickly. The issue is the lawn. In the lease it says the tenant will mow the lawn weekly. I have provided a new lawn mower, but it has been 2 weeks and the ...
What is the best accounting software for flipping business? Are there options for a software in your computer, not in the cloud? Or may be a flipper does not need an accounting software, then what is the best way to p...
If an IRA LLC is investing in multiple passive syndications, does it have to register in each state where it makes an investment? If so, how is that facilitated, are there service providers who handle it, and what ar...
Does anyone offer to provide references of current or past tenants to prospective tenants? I treat my tenants well and some of them would give me a great reference. Looking for anything that may give me an edge over m...
I’m in need of aged advice. I’m twenty five years of age, entrepreneur, who also hold a full-time job. My dream is to become a Venture Capitalist and the only way I will get there is A.) Working for a VC firm or B.) S...