According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?

Unfortunately, with the number of pivots that are publicized and at inexperienced investor’s disposal, there’s never been more avenues for inexperienced investors to hold on too long.I hope inexperienced investors are mindful of this because I am constantly interacting with investors who are falling for these traps and doing immense harm to themselves, even if they may not be fully aware at the time of their decisions.It's crucial for investors, especially those just starting out, to recognize that not every investment will pan out as hoped (unlike what the gurus will tell you).

It’s important to recognize that your landlord likely isn’t thinking about selling the property right now, especially given their personal circumstances.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If they cut a lot of workforce also recognize many of them are not in the DC market.

I have heard 1) That the buyer can just be added as additionally insured on my insurance. 2) That I can be added on as additionally insured on their insurance3) That I need to hold my own insurance and the buyer needs to have their own as well. 

Additionally, depreciation deductions on the multifamily property could offset a portion of your rental income, further enhancing returns.Key considerations:- Financing the multifamily: Would you go all-cash or use financing?

.- Some lenders recognize NATO personnel and may include your Overseas Housing Allowance (OHA) as income.5.

Hi David Oh-You asked about a profit sharing bonus for property managers to give them an ownership mindset and incentivize them to align with your goals for quality property management.I love this idea.While I do not have a formal profit sharing plan, I always like to recognize the property management company with gift cards to the operators and the people within the property management company I have regular contact with that help keep the property running well and keeping costs down.Related to this, a handwritten thank you card to the same people periodically goes a long way.I also like to do the same for the tenants that have been paying rent on time.To your success!

So if you are doing an addition, you are only contributing to the structure portion of value, not the land value.