Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Those qualities can be the difference between closing a deal and walking away empty-handed.What about you?

They just use those incomes differently. 

An LLC doesn't make a difference in your federal taxes or what you can deduct.What you want to do is technically possible, but there are several hurdles. 

Main questions would be, how long have you owned this and is there any rental income reporting on your most recent return.

In the eyes of the law, it's no different than a cane or a wheelchair.Keep in mind, just because the ESA is not considered a pet doesn't mean it gets to run rampant, disturb the neighbors, crap all over the parking lot, or tear up the house.

Land development and construction are two different disciplines.

Learn from your family and on your own by going to different meet-ups and having conversations with agents, other investors and anyone else in the industry to hear about their experiences.Make 2025 a year of planning and how you will go about that plan. 

A reliable contractor and an exceptional agent can make all the difference when things go wrong.The Outcome:This was a humbling experience, and I still wonder if I could have done anything differently (besides the insurance). 

They do have you approve different settings that prices your property at the 50th percentile of your market or 75th percentile etc.