This is key to being successful.

Ownership of the fence remains the key driver.

The key is that in order to completely defer all tax you must purchase at least as much as your net sale. 

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

Off-market deals are key if you go this route, so networking is huge.Out-of-state investing is another option people love, especially in markets like PA (Philly, Scranton) or even down south where prices are lower, and the landlord-tenant laws are more forgiving.

Since the payment was deposited into your account on 1/6/2025, it would typically be considered income for 2025, even though the tenant paid it on 12/31/2024.However, if you use cash-basis accounting (which most landlords do), the key factor is when you physically receive the money, not when it was sent or owed.

It’s a great reminder to trust your own due diligence and not let others make critical decisions for you, like hiring a property manager.For future investments, building a trusted team and maintaining direct oversight is key, even with remote deals.

Communication is key and transparency is something call centers do not offer.If you ever have any questions or want to network feel free to reach out or send me an email.

Although Baselane is hard at work to deliver them, a few key features are still lacking, among them outbound wires from your account.

The key is a great contractor and a clear, detailed, well-thought-out scope of work.