Additionally, depreciation on the building (not the land) is a significant deduction, and if you manage the property from home, you may qualify for the home office deduction.

A PM company in California is required to have a broker officer, so either your dad can take on that role and put you in charge of the operations, or you can obtain your broker's license first.

SupplyLas Vegas is unique because it is a tiny island of privately owned land in an ocean of federal land.

Investment Info:Other buy & hold investment in Pacific Grove.Completed a 1031 exchange into a retail/office building, then converted the second floor into a short-term rental (STR) and mid-term residential unit.

I got a lot of misguided & deceptive advice from various loan officers who just want to close & did not explain what was really happening behind the scenes.

One thing you might want to consider is partnering with microsoft and adding a third party app to their office 365 suite of products as they have an accounting arm and many other applications already in play that you could add on just for property management and it would work on their system to integrate everything.

To qualify as a Resident Agent the representative must reside within a 25-mile radius of the Town of Baileys Harbor or be a corporate entity with offices located within a 25-mile radius of the Town of Baileys Harbor.7.

Here’s an example of what I’m talking about; in 2020 my partner and I purchased a 9,965 square foot office/warehouse which had just been vacated by the tenant, for $625,000.  

I purchased a property in Western New York that includes a small 1,200 sq. ft. local Post Office. 

Rates vary by county, and are applied to 100% of assessed value (values are determined by the assessor’s office).