@Chloe Salcedo investing in real estate is not a full-time job.

I wanted to start tracking my daily hours in the business and wanted to understand HOW I need to do this so it gets approved come tax time. 

Rates are a bit higher but if you can leverage up to do more than 1 flip at a time, it will be worth paying the lender fees.

Property management is not for the faint of heart, so glad to see you're enjoying it and thriving.

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

Has anyone found a property manager in south Florida (that covers Fort Lauderdale) that they really like? 

But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction. 

2.What are the best and most cost-effective solutions for managing this potential long-term issue?

The more time I have the higher that number can go.

Not only do we find the housing market to be a little more manageable, but a lot of people travel there year round.