It gives them a reinvestment option to complete the exchange and doesn't require active management.

I am actively looking to remodel or build a 8 to 10 RAL in the Houston area.

Here's more context.Hi Zen,Right now we're focused on Los Angeles for our PM services but we are actively exploring new markets so I'm happy to chat.

Due to Coachella, I am guessing there is active tourism.

Now, if you've already set up LLCs per property, then yes, have at least 1 checking account per LLC.For people who own their properties personally, keep personal accounts that are exclusive to RE activities so all of that activity stays separate from other personal transactions.

*There was 10.1% more listing inventory in the metro and a whopping 30.5% more active listings on the market in the City of Austin.

If you are a REP, then it will deduct from active earnings.

A broker shall not be responsible for supervising, nor shall the licensee be responsible for operating, within the scope of the brokerage or within the requirements of this chapter, activities that would be considered property management, including leasing, maintenance, and repair, so long as the real estate being managed is "individually owned" or "entity-owned" as defined below:(1) "individually owned" real estate is real property in which the licensee holds an ownership interest; and(2) "entity-owned" real estate is real property owned by a corporation, limited liability company, partnership, or trust, within which entity the licensee holds an ownership interest as an owner, trustee, partner, or officer, or in another beneficiary capacity.

Is this post even active anymore, 7 years old?

Additionally, you could also check with your insurance provider to confirm there's no active risk and provide that documentation to the lender as reassurance.