.🚨 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?

If you are near a major city like Austin, you will always have a stream of guests you can find.

When was it built, and how old are the major systems?

One of the major driving factors for increased premiums is the carrier's requirement for higher replacement cost limits on file for buildings. 

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

But you have to ask proactively, and be mindful of how long you stay in forbearance to avoid long-term credit issues.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

There exists those of us that want a property in Costa Rica despite the issues we are discussing here.

The issues can be local so look for someone in your area who is posting and try to contact.   

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

Multiple ADUs on any is not allowed, but I have only heard of it being an issue in SF zoned areas or if unit count hits 5.If you want to be sure of getting non-commercial F/F follow the rules.