Hi All , my name is Malachi , me and my partners currently investing in Cincinnati, OH.we want to start invest all around DFW area as well.we do - fix and flip , buy and hold , BRRRR and small multi family.I would love to hop on a quick call with : Agents , Wholesalers , Contractors , property managers , lenders Etc'reach me out and lets start work!

(Those guys seem like the experts in this domain.)On a side note, this is a great example of the sort of issue ChatGPT can help you think through.Here for example is its summary conclusion when I ask it about this issue and then also ask if using a Section 179 election or Section 168(k) bonus depreciation provide workarounds:Even though §263(a) safe harbor isn’t available pre–business start, the taxpayer still gets the lion’s share of the deduction in the startup year via §179 and §168(k), assuming:The short-term rental qualifies as a Section 162 trade or business,The property is placed in service during the tax year, andThe taxpayer has enough trade/business income to absorb the §179 deduction (or is okay carrying it forward).BTW the full analysis ChatGPT provides when you ask it about this is actually quite lengthy with numerous cites to the relevant regulations, statutes and court decisions.

It’s people.It’s stress, circumstances, and decisions nobody wants to make.But when everyone shows up with the right intentions, you get results that work for everyone.Here’s how this one ended:The seller walked away with peace of mind and a clean slate.The agent earned her commission and will get to relist the property once it’s been renovated.We get the chance to bring two run-down houses back to life.Everybody wins.This is why I do what I do.Not for flashy deals or big checks.But for real people, real problems, and real solutions.We’ll have this one back on the market in late spring or early summer.And if you're someone out there—an agent, investor, or just someone who wants to be part of something that makes a difference—let’s stay connected.Because in real estate, the right relationships change everything.

Quote from @Andrew Rodriguez: @Brandon Elliott-Pandey So far after running all the numbers as is and with a property manager at 10% I would profit $270/month I mean profit is profit.

A proper tax strategy and entity structure (like an LLC) could help manage tax exposure and reporting, especially for seniors on fixed income.This post does not create a CPA-Client relationship.

I set up a C-Corp (Balboa Management) that I use to flip in. 

After running my number I think the building will do about 187k which includes factoring management fees, maintenance, vacancies etc. 

Purchase price: $85,000 Cash invested: $11,000 Found a couple that had a duplex in town that they no longer wanted to manage.

Hey everyone,
I was reading up on the Columbus real estate market and wanted to get your thoughts. The market has been strong, but things seem to be shifting a bit. Sales are still up, but inventory is growing, and h...

-is now a bad time to buy?