Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.

However, when I’m told on the day of closing they need an appraisal and won’t be funding to close, that isn’t professional.

Seriously though, if you haven't already get your self a solid real estate-focused tax professional in your corner.

Most professionals will recommend a separate LLC for every $1 million in assets, but I don't think that's necessary.

These tax professionals opted to pay to be included in this directory.

This is when you hire a staging professional or staging company to come in, make recommendations, and do the work for you.

Readers should seek professional advice.

Professional tenants can smell an opportunity from a new landlord from a mile a way. 

Or diversify with a ten unit multi professionally managed.

I do a meetup in Mesa on Saturday morning's which is a good place to come meet even more RE professionals and investors.You have the experience so now you just need the right strategy to grow the portfolio.