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21 January 2025 | 10 replies
Costs after it’s placed in service are deductible as rental expenses.If you need help tracking these costs or categorizing them for your tax return, consider working with a tax professional or using software that helps you manage rental property expenses.
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20 January 2025 | 12 replies
Build a strong team, including agents, lenders, and property managers, and use tools like the BiggerPockets calculator to analyze deals.
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28 December 2024 | 1 reply
First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.
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13 January 2025 | 6 replies
I say that because every decent legit place I know of in market, yes offers the option of doing just tenant placement, for self-managing.
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30 December 2024 | 3 replies
Staying involved in a business partnership while dissolving the marriage will rarely work.If you split the properties, I recommend hiring a good property manager.
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16 January 2025 | 9 replies
Is it Leasing, Property Management, Vendor Management, Operations, Finance, Accounting...
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30 January 2025 | 8 replies
The only other options I can see are A) your mom partnering with you rather then selling the property to you - you become 50% owner and bring the funds and management to the rental while she provides the existing equity as her contribution; or B) your mom lending you the rehab cash out of her personal funds while also seller financing the house to you.
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17 January 2025 | 5 replies
I am also a project manager and a architectural designer for a real estate developer in NYC.
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14 January 2025 | 5 replies
Start as a co-host and work under a vacation rental management company in the area to learn the ropes.
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19 January 2025 | 27 replies
Oh man- welcome to self management.