However, the buyer's bank refused to fund the loan, stating they needed to conduct a full inspection—inside and out—to confirm the property still exists.

In fact one of the themes of my posts is dissuading investors from over spending on entities and asset protection.

If you anticipate further recoveries, you may need to adjust your claim accordingly.This post does not create a CPA-Client relationship.

If you ever want to explore loopholes, tips or tricks on the finance side let me know or send me an email. 

This Insula Capital Group is a lender who is full of ****!

You filed two full year tax cycles and the numbers are similar (no greater variant than 1%) they maybe yes.Generally depreciation is added back as income BUT only the 40% portion you own not all of it.

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

Hey all.I have prowled BP forums for a while and have gotten lots of good info from it, however I have not been able to find a good forum post for the question below.ContextMy wife and I purchased a fixer upper triplex in May of 2024 and live in one unit and rent out the other two units.

I agree with everyone posting on this topic here @German Fernandez, @Tyler Munroe, @Deirdre Lizio.

@Stephanie SelbyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.