![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1164733/small_1694554991-avatar-karlk26.jpg?twic=v1/output=image&v=2)
24 January 2025 | 10 replies
There are a couple of ways that you can address the 1031 Exchange deadlines.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1669508/small_1715981795-avatar-collinh21.jpg?twic=v1/output=image&v=2)
2 February 2025 | 20 replies
By focusing on real-time data, Nightpricer allows us to fine-tune pricing strategies more effectively and maintain a competitive edge in the market.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165850/small_1736312375-avatar-cheriec10.jpg?twic=v1/output=image&v=2)
10 January 2025 | 2 replies
When I'm driving and see a property I may be interested in learning more about, I text myself the address or a picture.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3142318/small_1730743436-avatar-yoonic.jpg?twic=v1/output=image&v=2)
25 January 2025 | 12 replies
They can also guide you in choosing properties that appeal to dependable tenant demographics.Access to Reliable VendorsProperty managers have established networks of cost-effective contractors for renovations and repairs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3130886/small_1728298930-avatar-fareene.jpg?twic=v1/output=image&v=2)
10 January 2025 | 11 replies
As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1857110/small_1621516166-avatar-kanaw1.jpg?twic=v1/output=image&v=2)
14 January 2025 | 11 replies
He offers really good service, great cost effectiveness, and currently finished one in just around 3 months.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1775668/small_1651945373-avatar-joes731.jpg?twic=v1/output=image&v=2)
3 February 2025 | 31 replies
Let's look at your example of a roofer, assuming he owns the company.He has to pay for employees- they still get paid, even if they are not giving 100% effort.He has to pay his workers to go back for warranty work - effectively paying them to do the same job twice.He has to pay for equipment, even when it's not being used 100% of the time.- but the company he bought it from still gets paid.He has to pay for advertising, whether it works or not.- but the advertising company still gets paid.He has to pay for accounting services, payroll services, tax services, legal services, etc.- they all get paid whether he makes money or not.So, what's your point?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3149035/small_1732292339-avatar-cr68.jpg?twic=v1/output=image&v=2)
11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1168975/small_1738422502-avatar-chrisl402.jpg?twic=v1/output=image&v=2)
4 February 2025 | 24 replies
We have also addressed where we fell short and failed to follow through.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3170686/small_1737071462-avatar-emekao25.jpg?twic=v1/output=image&v=2)
23 January 2025 | 7 replies
By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.