Here are some areas where automation and tech adoption can make a difference: Customer Relationship Management (CRM): Use a robust CRM system to track interactions with potential buyers, sellers, tenants, and partners.

You can also directly use the BP Marketplace to find potential JV partners or buyers, which is a great way to connect with people who are already looking for investment opportunities.In addition to online forums, attending local real estate meetups and conferences can give you face-to-face interaction with potential partners or buyers, which often builds stronger relationships.

Make sure to draft a solid operating agreement covering decision-making and profit distribution.This post does not create a CPA-Client relationship.

Excellent communication can make or break a relationship.Tenant Screening Process:One of the biggest headaches for landlords is problem tenants, and a good property manager should have a thorough screening process in place.

@Samuel M.I have an excel spreadsheet that you can plug in principal payments and see how much interest you can save.

Real estate is an excellent way to leverage deductions and reduce taxable income.

*This post does not create a CPA-Client relationship.

I have relationships with my contractors and don't need/want a tenant who caused damages harassing them because they are unhappy they didn't get 100% of their deposit back. 

It is always advisable to consult with an attorney if you are serious about asset protection.This post does not create a CPA-Client relationship.

As others have mentioned you start on Form 4562, but in my opinion you should have a simple google sheet or excel to track all of this for your properties.