Hello all,
I have approached my cousin, a millionaire stockbroker, about the possibility of starting a partnership wherein, I would find the properties, put together a business plan/investor package, and then togeth...
Hello,I was hoping some of you experienced tax professionals could help me with a question. When looking at the way we manage our properties, I think we would easy qualify as active participants as we are 100% owners ...
Are there any internet site for gc sumbit bids for projects created from owners? bidmyreno is one but no ones there Guess is not very happening
Hi everyone!
Hope everyone is enjoying their new year. My wife and I are close to closing on our first STR property in Saint Augustine, FL. I have listened to numerous podcasts about being able to prove material part...
Hi,I would like to connect with other "students" of Flipsystem. We have paid a lot and need to make the most of each others learnings. Unfortunately, the only way i can think of to do it freely is on Bigger Pockets. P...
Hello all! I have 13 units, mostly duplexes, and my goal is to increase by another 10 units in 2021. It appears the COVID pandemic has hit some landlords pretty hard, and I am no exception. With that in mind, and a...
Has anyone tried to buy a property that was owned by a LSF9 Master Participation Trust? Please school me on this one. Friend of Foe?
Maybe you can help, looking for a couple good contracts/agreements that deal with the 50/50 profit split on a loan, they go by different names: profit-participating loansParticipating Loan Participating financingequit...
What activities qualify for the material participation tests for making your short term (<7 day on avg stay) active instead of passive income/loss? I'm taking the "I contributed 100 hours and nobody contributed mor...
What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.
Ok. Here we ...