Materialism is his love language.

However, as W2 earners, these losses are considered passive and can only offset passive income unless you or your spouse qualify as a Real Estate Professional (REPS) by meeting the 750-hour and material participation requirements or STR is used.

I stick with the main OTAs and have added GVR since I believe that one could materialize but trying to get direct bookings is also difficult.  

(Currently our rebar supplier is behind 2+ weeks and these materials were ordered 45 days in advance). 

In this area, the two soils engineers I've used most often are McDowell and Associates, and Soils and Materials Engineers (SME) - but I don't know if they have branch offices in the area near your problem site.Best of luck with it!

Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

It’s important to have a clear understanding of both hard and soft costs (labor, materials, permits, etc.) to assess your budget accurately.Projected Rental Income: Research the rental market in the area.

Would you dig 120 feet of trench 3 feet deep, and get the material, for $350?

Does that include materials and labor?

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