![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/940480/small_1633064156-avatar-danv36.jpg?twic=v1/output=image&v=2)
22 August 2024 | 7 replies
Document the transaction clearly and consult a tax advisor to ensure the structure is compliant and minimizes tax liabilities.4.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2737971/small_1684279320-avatar-erics1199.jpg?twic=v1/output=image&v=2)
22 August 2024 | 10 replies
Even if it is stated on taxes some may want 2 years worth to show it is established income.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/941288/small_1694565296-avatar-maryjay.jpg?twic=v1/output=image&v=2)
24 August 2024 | 11 replies
And I make sure to already have established email communication with each tenant at/before the start of the lease, and use that same email address (of the two provided in the lease) with the tenant during our relationship.Real life example: I had one leave “in the dark of night” after my local agent posted an eviction notice on the door.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3089980/small_1722461246-avatar-adaze.jpg?twic=v1/output=image&v=2)
20 August 2024 | 8 replies
RELATIONSHIP - With a private loan, you're able to establish and develop a relationship with the actual lender.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3102414/small_1723993628-avatar-benf282.jpg?twic=v1/output=image&v=2)
22 August 2024 | 9 replies
what your looking for with the data is to establish a reason to make certain moves.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1856456/small_1621516159-avatar-damein2612.jpg?twic=v1/output=image&v=2)
21 August 2024 | 7 replies
Quote from @Damein White: So my property is at the edge of a city limits 3 house to the right starts a new city and my appraiser said i can only use comps in my city limits i can’t go out of my city limits has anyone else experience this or have information on if that is correct Yes or they could potentially establish a value that would determine the difference in the cities but that's really difficult to compute.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/245310/small_1632177017-avatar-bmoreland1.jpg?twic=v1/output=image&v=2)
22 August 2024 | 31 replies
Then after establishing a company and establishing actual cashflow and not just having it on paper, you could then try and find a partner who will come in and purchase the portfolio from you and your partners, you can pay off your partners and then start new with this single partner and move forward through the rest of the plan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1091503/small_1701957301-avatar-cristina1.jpg?twic=v1/output=image&v=2)
20 August 2024 | 8 replies
It's essential to evaluate coverage options carefully and consider consulting with a financial advisor specializing in real estate investments for strategic insights.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2855486/small_1736902050-avatar-debbiep52.jpg?twic=v1/output=image&v=2)
21 August 2024 | 15 replies
This needs to be discussed with her tax advisor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2983306/small_1711615508-avatar-brandono152.jpg?twic=v1/output=image&v=2)
19 August 2024 | 9 replies
This would include local resources with other builder connections should you want to consider switching builders, local property managers to assist with leasing of the home, local brokers to assist with selling of the home once completed or that can stop by to check on progress of the build, local insurance providers, lenders, CPAs, RE Attorney's, tax advisors, etc.