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Updated over 1 year ago on . Most recent reply

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14
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Michael Ellis
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14
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When does your portfolio turn to a business

Michael Ellis
Posted

This may be a loaded question but how or when does your real estate portfolio turn into a “Business”? Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow from rental properties or buying and selling… 

I am 21 and just starting out and this of course is the plan for the next 5-10 years but I want to plan ahead. 

Thanks

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