11 November 2025 | 2 replies
When you start utilities on the properties just purchased for STR purpose under an individual name but will be transferred to an LLC soon, is that better to wait the LLC to be done first then start the services, or turn them on as soon as possible to reduce the downtime to get ready and change the ownership to an LLC for the utility companies?
4 December 2025 | 11 replies
Think redlight therapy and sauna etc etc. a yurt counts as an ADU?
17 November 2025 | 5 replies
Three questions:
Say I'm living in my quadplex and I buy washers and dryers for all four units. Am I only able to write off 3 of those new washers and dryers because one is going to my primary residence?
Say I'm b...
6 November 2025 | 10 replies
I recently graduated from Physical Therapy school in May and have been working full-time since August.
4 December 2025 | 3 replies
It is something larger investors have access to as well - but from individual investors its a big bonus
7 December 2025 | 2 replies
The Mortgage Brokers Who Never Get a Loan FinancedMore than in any other industry I know, the loan brokerage/note broker business seems to attract more clueless individuals believing they can “broker” loans or notes.
3 December 2025 | 8 replies
Here it is in all it's glorious perspicuity:(3) The individual participates in the activity for more than 100 hours during the taxable year, and such individual's participation for the taxable year is not less than the participation in the activity of any other individual (including individuals who are not owners of interests in the activity) for such year;The regulation doesn't just require 100 hours of participation.It requires you to work at least as much as any other individual working on the property—including your property manager,.What does this mean in practice?
2 December 2025 | 6 replies
I googled it and found this.Notice this is for an individual, they are not adding 2 owners hours together.A cost segregation study itself does not have material participation rules; rather, material participation determines how you can utilize the accelerated depreciation losses generated by the study to offset different types of income.Without material participation, the losses are considered "passive" and can generally only offset other passive income.
2 December 2025 | 9 replies
You will need an individual who would consider it but odds are slim.
28 November 2025 | 0 replies
Also I have seen married people buy property individually in a revocable trust, irrevocable trust, or an LLC without their spouses consent.