It could also mean that you are opening the door to a lot of complaints in the future.If you do not fix it and then there is strained relations with the tenant it is the way to start a business relationship with your client.

Having a great relationship with tenants also helps a bunch.

A balanced approach—leaving some 401(k) funds for diversification while allocating after-tax dollars to real estate—can optimize tax efficiency and meet retirement goals.This post does not create a CPA-Client relationship.

This post does not create an attorney-client or CPA-client relationship.

Hi Craig, excellent question! 

This allowed me to build a relationship with that seller who had the two adjoining properties.

And thankfully, by the time I needed to execute on those options and actually complete the purchase of the leased properties, I had developed some private lender relationships that allowed me to complete those 3 transactions and several more thereafter.

While these losses won’t immediately offset W2 income without REPS, they can be carried forward to offset future rental income or capital gains when you sell the property, lowering your tax burden long-term.This post does not create a CPA-Client relationship.

Proper structuring with professional guidance is key to achieving both parties' goals.This post does not create a CPA-Client relationship.

Scott is an excellent instructor and sincere in his teachings.