🐎I watched as children with developmental challenges lit up when they rode.

The IRS doesn't care about your closing date.Fellow real estate attorneys, mortgage brokers, and BP Members: What's the most challenging NFTL situation you've encountered?

The challenge is property managers don’t specialize in renting by the room, and it’s not worth the small amount they would get on management fee.

Challenges?

The Smart Investor's Secret Weapon: ReservesIn a market where interest rates are high, deals are tighter, and uncertainty seems to be the norm, reserves are one of the most underrated forms of protection an investor can have.We often talk about cash flow, returns, and growth — but what truly sustains a portfolio in challenging times is the ability to withstand the unexpected.

The fact that you're consuming content and asking for advice shows you're committed to doing it right, which is the most important mindset.Here are some thoughts based on your goals and challenges:1.

@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!

Even if the property or contract were technically held for over a year, it would still likely be taxed at ordinary income rates because the nature and intent of the activity look a lot like dealer activity (i.e., flipping or developing with the intent to sell).As Josh explains, the IRS and courts tend to focus heavily on intent and the taxpayer’s ordinary course of business.

Challenges?

Challenges?