In this situation, where there is no W-2 job or other earned income, the net income from real estate operations could be treated as subject to self-employment tax (FICA).It is therefore essential to maintain accurate and detailed records documenting your level of participation, income, expenses, and management activities.

The money is in the value adds (assuming your ARV and rehab numbers are accurate).I think it is far from a slam dunk as a hold.  

@Michael MaznioFor rental comps the most accurate source is always the MLS if you have access, Rentometer and Zillow. 

It is important that accurate information is provided to those interested in opening recovery housing.

I've been finding things like this essential for accurate deal evaluation.

Thanks Elealeh, I've been playing around with making the formulas for BRRR on an actual website, I'm curious if you'd say it's accurate? 

And they frequent the same gatherings, some focused on FO/PE, others are more M&A focused.

Understanding the bureaucratic overhead helps us all underwrite deals more accurately.

Accurate booksStress-free reportingMaximized deductions👉 I’m curious — do you still keep paper files, or have you switched to digital expense apps?

I'm trying to get an accurate annual insurance premium estimate for my analysis.