I started with the Simple Start plan, but as I learn more about the software, I realize that to effectively classify income and expenses per unit, I need to use Classes and Locations, which are only available on the higher-tier plans.I’ve seen suggestions to use units as customers as a workaround, but I’m curious if anyone else has tried this approach or has recommendations for managing multiple units in QuickBooks with the Simple Start plan.Looking forward to your feedback!

2- if there is a “problem” Will the “solution” discussed solve it in a cost effective, consumer accepted way?

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

It’s a bit intimidating since it’s outside my usual scope of business, but I’m committed to taking the time to learn how to be an effective landlord.

(the “Company”) decided, in accordance with the terms of its Share Redemption Program, to temporarily freeze the Company’s redemption program, effective February 1, 2024.

Myself, I've made millions with Section 8 properties, but every day you need to suit up for battle to deal with tenants who have no sense of adult responsibility.

But taking the powerful compound interest effect (which btw doesn’t come with REI) into account, the annual returns are actually much higher.

Doing this results in a reduction of the effective amortization to 17.08 years (205 months).  

I would love to hear about your strategies of which you all used to effectively scale.

Several of the contractors offer helical piers but don’t seem to think they’d be a more cost effective option - we can directly ask about this again.