Hey @Ricky HernandezGreat question, and it’s awesome to see you thinking ahead about the potential for turning your new-build home into a rental.

What tools or strategies are you using to stay ahead of the game?

The designation means no one can live in them.Those safety issues need to be remedied before the properties’ owners can get the go-ahead from L&I for renovations to make them habitable, Guss said.

Just a heads up this will not be tax free, it will be a pro-rated exclusion.

Industry experts suggest the current uncertainty creates ideal investment conditions for those willing to enter the market.As we step into 2025, we wish our valued readers prosperity in their investments, clarity in their decisions, and success in seizing the opportunities ahead.

. **1031 Exchange:** Just a heads-up—1031 exchanges allow you to defer capital gains taxes when you sell a property and reinvest the proceeds into a "like-kind" property.

Voluntary compliance may be the safest path forward, but every business must weigh its options carefully.To learn more, visit FinCEN’s official Beneficial Ownership Information page: www.fincen.gov/boiDon’t wait for last-minute surprises. 

@Anthony MillerYour property management experience is a major advantage as you start investing, giving you a head start with tenant screening, lease agreements, and maintenance coordination.

As noted earlier, most evictions are rinse and repeat, and even if you need to find local attorneys to sign off on paperwork, it's likely less expensive if the paperwork is prepped ahead of time.Just a thought.

I would mention to Tenant B that I was visiting Tenant A and smelled what seemed like marijuana smoke coming from their side and remind them there is no smoking permitted inside the house.