
23 February 2025 | 14 replies
I think the best thing to do would be to find a good-hearted person with a lot of experience and pick their brain.

25 February 2025 | 14 replies
I personally do my owen management so I can't recommend anyone.

6 March 2025 | 9 replies
Hey @Saurabh Kukreja, we use QuickBooks Online for all of our Clients (REIs) and I use it for my personal businesses/rentals as well.We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

17 February 2025 | 7 replies
Other companies have come in person to do it.Every year, I get new 4-point inspections on ALL of my properties and send to my agent to re-shop my insurance rates.

18 February 2025 | 1 reply
Business Continuity: If you invest with partners, a properly structured key person insurance or buy-sell agreement funded by life insurance can ensure a smooth transition if one partner is no longer around.

5 March 2025 | 4 replies
Personally I dont think STR is really a move in Philly.
24 February 2025 | 5 replies
Definitely looking into meetings and going to meet them in person.

24 February 2025 | 2 replies
I want to make sure I’m as prepared as possible before diving in.Thanks in advance for any advice or personal experiences you can share!

24 February 2025 | 3 replies
If this is a project for you and you are newer to flipping I would have a seasoned person/mentor help you through this that has done it in the city for example @Joshua Janus as he mentioned it did it.

20 February 2025 | 8 replies
Intangible assets like goodwill or tangible personal property (e.g., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.