What kind of planning do you do throughout the year to minimize your tax liability? 

What you’ll need to do depends on the system’s condition:💨 Basic tune-up – If it’s in decent shape, a service might be all it needs.❄️ Partial replacement – Swapping out the indoor unit or condenser can extend its life.🔥 Full replacement – If the system is ancient (or missing), just bite the bullet and install a new one.Pro Tip: A new HVAC can be pricey, but it’s a huge selling point.

Would love to connect with other investors in the area that are also doing long-term rentals, renovations, and/or short-term rentals.

If this is the biggest positive potential change for your life then I would do it.

.- I spent around $30K to do upgrades before selling.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?

•If I do use it, how does that impact my ability to qualify for another loan this year?

We also had to do some substantial repairs on the sewer line.

Thanks @Jack Beker, will look forward to do so, I appreciate it

When doing business loan for 4+ units multifamily, my W2 can not be used to calculate DSCR.

Without a doubt many people are still crushing it because they have a strong network and build great systems over time doing the same thing over and over again aka FOCUS!