BUT there have been 24 late payments with the last late payment made in Nov 2024 and  0 paid on time.

What made you interested in investing in this type of deal?

All real tax advice should be custom and one-on-one.PPS.

What made you interested in investing in this type of deal?

Mentally it's hard to buy into a dipping market, but I think that's where a lot of money is made longterm. 

I made a lot of mistakes for a new investor.

This extra year gives property owners more time to schedule inspections and make necessary repairs.Key Points:Applies to multifamily properties with three or more units.Covers balconies, decks, and elevated elements made of wood or similar materials.Inspections must be completed by licensed professionals and repeated every six years.Hazards identified must be repaired promptly.With the extension, now’s the time to plan ahead.

(i) has not attained the age of 19 as of the close of the calendar year in which the taxable year of the taxpayer begins, or(ii) is a student who has not attained the age of 24 as of the close of such calendar year.Here, in black and white, the law specifies that the determination is made as of December 31st and applies to the entire year.

Best financial move I made. 

These operators totally bungled the deal and operation but still made money due to the market.2.