For existing companies, individuals who own at least 25% of the entity or exercise substantial control over it must submit BOIR to the Financial Crimes Enforcement Network (FinCEN) by December 31, 2024.

Additionally, investing in real estate education and seeking mentorship can enhance your understanding of various strategies and market dynamics.Creative Financing:Exploring creative financing options, such as seller financing, lease options, or partnerships, is another avenue to consider.

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

We’re focused on building a strong network in San Antonio and its surrounding areas since our goal is to acquire two properties per year to enhance our portfolio.We’ll be in San Antonio next week or possibly the week after and would love to connect with local professionals—property managers, contractors, investors, lenders, and others.

This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.

Outside of real estate, I enjoy my kids, travel, exercise, wellness and I am also a former Financial Planner turned Mortgage Lender. 

Declining Interest Rates: When market interest rates drop, refinancing can reduce monthly payments, thus improving cash flow and enhancing the DSCR.3.

My wife and I would go running for exercise and we had a chance to look at several of the neighborhoods.  

•Increased Security: Enhanced penalties act as a deterrent, helping to keep your property secure from unlawful occupation.

Additionally for hosts who opt for enhanced screening, the eviction rate is under 2%.