Since the payment was deposited into your account on 1/6/2025, it would typically be considered income for 2025, even though the tenant paid it on 12/31/2024.However, if you use cash-basis accounting (which most landlords do), the key factor is when you physically receive the money, not when it was sent or owed.

It’s been incredibly rewarding not only to save my grandfather’s legacy but also to build equity and increase cash flow.

Quote from @Victor Yang: Hello all,I am looking to buy an apartment building.

Typically, we see anywhere from $600 to over $1000 per unit (maintenance and turn costs)  depending on these factors. 

I got my first FHA  3.5% down  4-unit building in Tilton, NH (An hour and a half north of Boston).

Curious if any General Contractors have recently originated commercial general liability insurance and build units that are sold as Condo/PUD's.

so would like to start building our portfolio in a State that has consistent appreciation with room for rents to increase going forward."

Build equity while gaining experience as landlords.

sounds like he is the problem. if you need help talking to him let me know we build 5-6 multifamily properties at a time and single family.

The buildings were still usable.