Hi @Adam HoekerI have my clients all on QuickBooks Online.We sync in their accounts to reduce human error in entries, and track each property's expenses and transactions to prepare for Tax time, this helps us to be prepared for 1099s as well, track Asset Basis and Depreciation, Mortgage Balances, and any Equity items.Since QBO is very common, it is easy to connect a Tax Accountant to this as well and have them pop in to grab reports they need to file. 

zero.this is because of a few things:-the fact that it actually costs money to transact real estate - those pesky closing costs that are always 10x higher than new investors think they are. 

I am not sitting with my fingers crossed on what to do with the property.

If your numbers are correct, you may have a BIG $ winner here; there’s enough room to spend extra to ensure a problem free transaction, imo.  

This means homes are still holding strong value, and buyers are willing to invest in the right property.Although cash sales dipped slightly, with 41.0% of transactions paid in cash (a 4.2% drop), more buyers are opting for financing.

Also, review utility bills, insurance policies, maintenance invoices, and property tax records to cross-check reported expenses.

I'd add that when you interview possible Realtors, ask them to take you through how they lead their investor clients through a transaction.

A local resource particularly for CRE (commercial real estate) can make the difference in the transaction equating to a quality investment. - Expertise in local laws and rules: Investing in real estate is hyper localized not only for value and potential but in rules and regulations.

For the purchasing process itself, real estate agents, mortgage brokers, and attorneys can help guide you efficiently through transactions, reducing the amount of time you need to spend.Starting with simpler investments like single-family homes or small multifamily units can also help.

Either way I'd cross over the Oct 2024 occupied period so I could preserve the possibility of tax free gain.