.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

To me the biggest takeaway is that as real estate professionals, we always talk about location, location, location.

Account ClosedIf there are maintenance concerns that's an entirely different issue.

Where are you located?

And the most important thing LOCATION,LOCATION , LOCATION . 

So far, zero issues and we have a lot of kids coming.I will say that @Patricia Andriolo-Bull has a point.

Does anyone have a refferal for a sewer scope company? I'd prefer a small business. I have 8 buildings with possibly 9 lines that I would like to get a package deal on sewer scopes of all the lines.

do you have issues with the city if there are cars parked on the street or lawn?

They can also help you analyze the highest and best use for the property and location.

Just curious, is there any tax benefit to filing as a regular partnership and issuing k-1s to ourselves that show a loss?