Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning. 

Shoot me a message for details!

Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Thanks for the detailed reply, Joe.

First, I’d check the sale documents and listing details to see if the property was explicitly marketed as a triplex.

I have a meeting in Queens during that time so I won't be there but if you stop by 12-2pm, my colleague will give you the details on the deal.It would be great to connect at the expo but I'd be happy to chat or meet up sooner. 

When I let people back in, had a detailed plan as people salvaged thru. 

This resulted in literally weeks of delays, which contributed to the closing being postponed and rescheduled, losing our locked interest rate.A big gap in the overall Kiavi process is that we never received detailed introductory emails about the steps of the refinancing process.

But I also feel like I need to be more cautious than 2021 when I bought my first STR property. would love to connect with some of you and hear more detail about what you are doing these days in real estate.