Timing: Complete the study within the property’s first tax year (by the extended tax fiing deadline) if possible; otherwise, a later study can use a catch-up adjustment but will be expensive.3.

You can create separate projects for property searches, renovations, and goals, and then break those down into tasks with deadlines.

(Here's how we keep it all straight.)Project management software (Asana)-> Order of operations-> Responsibilities -> Deadlines-> Notes-> SOPsDaily Contractor Check-in Calls/Texts-> Roadblocks-> Resolutions-> ResultsIn Person Walkthroughs-> Our Property Manager-> My Business Partner-> Our Realtor-> MyselfHow do you drive results for your renovations?

Of course, I didn't go with any of these GCs but I also have the benefit of waiting and not being on anyone's timeline or deadline.

For entities that existed prior to January 1, 2024 the deadline is December 31, 2024.   

This whole situation just confirms how bad this company is, and I can't wait to be done with them.Here’s my question: What should I do if they miss the 45-day deadline?

Yes, The deadline is only a couple days away and they have made no effort to even start packing

With cash, you keep more of your return and maintain a simpler cost structure.Greater Flexibility: When you own a property outright, you’re not bound by monthly payments or lender-imposed deadlines.

Did you include an acceptance deadline? 

Hello Fellow BP Members,I am excited that I found my first property for an STR but stressing out over the lender not meeting closing deadline.