I'll just say the point about NC being STR restrictive is imperatively false, and commonly misunderstood.

Also keep detailed logs of your hours - material participation is the most common audit trigger for STR loopholes.

If they still refuse, another option is to check with the city’s tax abatement office to see if partial documentation or alternative proof might be acceptable, though that’s less common.

You don’t have to reverse the original decision to improve how the capital is working.On Montgomery being operator- and basis-dependent, that’s really about margin for error.

"  :)  A common trigger is claiming very large losses against minimal income - which is often the case in the year you place a cost segregated property in service.Then an experienced (at least in theory) IRS person ("classifier") decides whether the return looks suspicious.

How common is that in other types of CRE?

There are also occasionally normal private sellers who list properties on there as well but that isn't as common.

@Martin Penn It is incredibly common for people who live out west to invest out of state into the midwest markets when they're getting started.

Hello Angel, Two common routes for people in your situation are:1.

That's actually a pretty common loan that we see a lot.