Spreadsheets are fine early on, but as transactions grow, it’s really easy for formulas to break, rows to get overwritten, or things to be missed altogether.

Spreadsheets are fine early on, but as transactions grow, it’s really easy for formulas to break, rows to get overwritten, or things to be missed altogether.

Or, should I broaden my search to out-of-state markets and consider a different investment strategy altogether?

@Nathan Gesner I'm not opposed, still Ineed a change of environment altogether, it's just not vibing for me where I am 🙃

It relies on its own energy, its own water, it’s quiet—and in many cases, we can even bury them, removing the visual impact altogether.

@Ronald Roetsel You will need a builder’s risk policy during construction, and many of the things you listed could easily become grounds for an insurer to deny a claim or cancel coverage altogether.

maintenance altogether. 

Since it’s tax season, I’ve been seeing more questions pop up around IRAs, self-directed accounts, and leverage — and that usually means one thing is getting overlooked:UBIT (Unrelated Business Income Tax).A lot of investors assume anything done inside an IRA or retirement account is automatically tax-free.That’s not always true.Here’s where people get caught off guard:If you’re investing through a retirement account and using debt, operating an active business, or running certain syndications, you may be generating income that’s subject to UBIT.Common examples I see:Leveraged real estate inside a self-directed IRACertain syndications with debt or operating incomeActive real estate businesses held inside retirement accountsThe surprise usually comes when investors realize:The tax doesn’t show up on their personal return — it shows up inside the retirement account.UBIT isn’t a reason to avoid these strategies altogether, but it is a reason to understand them before investing — especially if you’re allocating retirement funds.During tax season, this is a good time to pause and ask:Do I actually know how my IRA investments are being taxed?

Also consider having contractors set up an LLC and use an EIN going forward to avoid SSN issues altogether.

If there's ever a complaint from guests (there usually aren't any), it's to do with the cleanliness of the cabin.Our latest property manager just gave his notice, and is stating that he wants to step away from property management altogether.