A first-and-second lien structure, on the other hand, creates unequal rights and obligations that can cause one IRA to compromise or act in the interest of the other - which is exactly the kind of self-dealing the IRS looks to prevent.

That means, acquire as many properties as you can as fast as you can (and without compromising quality too much).

I never want to place a Realtor in a compromising situation, so I always get a notarized POA and file it at the courthouse.

@Marc Warchol this is one of those situations where you can win the battle, but lose the war.Find out what the tenant wants and see what you can compromise on.Just be sure to subtly let the tenant know they also have to compromise.Be careful of allowing the lease to end or go MTM during Nov-Feb timeframe, when it's hardest to find tenants.Oh, also get the tenant to agree to assist with showings during their last 30 days of the lease.

I immediately realized that there was no “compromise”, if we remained together one of us was going to be miserable which meant both of us would be miserable.  

Officially, it was done as a fiscal compromise in order to, ahem, balance the budget.

With your budget, you might have to compromise a bit on location or condition - or shift expectations.

You may have to compromise on some of these because right now I'm seeing it is hard to "have your cake and eat it to."

., for furniture, appliances, lighting if placed in service in 2025)Repairs and maintenance deductions (rather than capital improvements)Avoid Piercing the LLC VeilMixing personal and business funds, even for STR setup could compromise your liability protection.

So that 10-18% becomes a sliding scale; the sooner they finish without compromising workmanship, the more they get.