They need to forget about the covid era DOM times and adjust to the new normal. 

Adjusting for the current conditions will be important to reach your goals.

Their in-house adjusters are responsive and quick to reply. 

. - The commercial property is in an LLC, we get K-1s from the LLCs taxes every year showing that the LLC pays for the expense and is cashflow positive; except for the deprecation we take :) I plan on buying a new primary residence in the next 1-2 years and want to know if I need to have the commercial loan adjusted so that its no longer personally guaranteed.

I'm pretty new to real estate investing and have been using a manual texting app that just recently starting blocking me, so I'm looking for something more automated that knows how to circumvent / comply with the latest laws, without having to worry about downtime potential. 

It's a manual process but allows us to view all business-related financials in 1 place.We've also found QBO has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.

What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.

Thanks, DavidFannie Mae & Freddie Mac updated their Loan Level Price Adjusters (LLPAs) back in 2022 for 2nd homes.

This helps us avoid manually checking bank statements, which can unfortunately be forged pretty easily.

As interest rates climb, how are Texas buyers adjusting their strategies to secure property?