I’m using this time to be intentional about my next steps and ensure I’m moving in the right direction for the long term.For those with experience growing in this industry, I’d appreciate your perspective on:Which roles tend to offer the strongest long-term growthSkills or systems knowledge that create the most leverage over timeHow remote experience fits into real estate businesses todayMistakes you’d avoid if you were starting over

Let’s back that 4.4% impact from another angle.  

Sometimes, you might actually want to pay tax rather than mitigate it - if it leads to better investment opportunities.Step 3 - consider alternative investment ideas that come with large first year deductible losses, for instance some syndications, if they fit your overall goals.

The tech sales + finance background you bring will help you think creatively and analyze deals from multiple angles — a big advantage in this business.Excited to see how you grow from here.

Then you can decide if they are a possible fit for any of your capital as an accredited investor. 

Another angle is community impact.

Over time, I’ve learned what works and what doesn’t as markets change.Some common challenges with older properties include:Renovation costs that reduce overall returnsUnexpected maintenance that impacts predictabilityLonger vacancies that slow returnsTakeaway: Real estate isn’t one-size-fits-all.

We had fitness classes for 25 of the 27 years we've been in business And the fitness business is an even tougher racket than martial arts 🤣I'd love to connect on fb if you use it. 

And I would split the profits however you see fit, 50/05 is fine, but I would have one LLC have 51% ownership of the Joint Venture Agreement so that person can make decisions in the event you two can't agree on solving a particular problem.

We are have boutique property management company would be happy to share more about how we do and See if we might be a good fit for your property.