Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’

The financials are not bad: Asking price is $485K.

I'm particularly passionate about cash flowing for financial independence and renovating with my construction experience.Outside of real estate, I enjoy fishing, ultimate frisbee, skiing.Excited to learn and connect with you all!

If you want financial freedom (leaving your W2), what you really want is time freedom and since you are single now, that is a lot cheaper than you might think.

I pay the bills, run financials and projections.

This is neither good nor bad; and many times can be profitable if they are a legitimate wholesaler with a real track record of wholesaling.

@Cody AndersonCo-buying vacation properties can offer financial benefits, equity building, rental income, and tax benefits.

Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information”.The BOI program, a key tool in the fight against financial crimes, requires every business to document their 'Beneficial Owners '.

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

Have your realtor pull the tax records and you can see the difference between the SEV and Taxable value to do the calculation.