Hello Ryan,  can you please add me as well to the virtual meet up?

I am an investor friendly agent as well looking to start my journey in RE investing.

I think it's great...it's an opportune time to let them know what they are doing well and that you appreciate it - as well as to discuss areas of concern.

And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...

Hey everyone, I alongside my partners are actually creating a platform for folks looking to buy/sell land in Costa Rica (actually all of Latin America + Caribbean for that matter).

I am seeking recommendations for an app that can integrate with multiple platforms.

Consider cleaning, lawn care, snow removal and supplies as well as utilities  in your calculations.  

You will find that some real estate professionals are well versed in investor real estate and others are not.

As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.

I realize we’d probably want to bring in a real estate attorney, but I’m assuming there are models in place that are probably well-established for such a partnership that I know nothing about.