It was a moment filled with emotion, and it’s one of the reasons why we love doing what we do.This experience was a powerful reminder that going the extra mile isn’t just about being kind—it’s about truly helping people in their time of need.

Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

We use solar energy and batteries to power any electrical equipment.

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

I'm not sure if the OP is talking just about water, heat, electric etc.

During the warmer months of the year I typically pay the electric bill and for my internet/tv services.

Keep growing that Roth IRA, as the principals of compounding interest in the absence of taxation are powerful! 

It can be an extremely powerful tool to start to scale. 

They really don't have the power or right to place any kind of lien on the property while they simply have it under contract and aren't doing any improvement to the property.