While personal loss is difficult and understandable, running a business that directly impacts property owners requires a contingency plan.

Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?

More repair costs because their maintenance team somehow "missed" things during the initial turnover.At this point, I genuinely started wondering what exactly the 15% management fee was for.The Bottom LineLook, I get it—REI Nation is a business, and businesses are here to make a profit.

Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.

I am a business loan broker and there is a way you have to apply in order for it to work.

Does anyone know if Stessa is going out of business?

Financing through a personal loan usually offers better rates and lower costs, but using an LLC builds business credit for future investments.

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

I am a general business major and also currently working on obtaining my real estate license to become an agent.

However, you can reduce tax liability by:Converting the flip into a rental for at least a year, allowing for depreciation and potential 1031 exchange benefits when selling.Offsetting gains with deductions, such as accelerating business expenses or using cost segregation for rentals.Using an S-Corp for future flips to lower self-employment taxes while keeping rentals in an LLC for liability protection.Deferring deductions to 2025 if your 2024 taxable income is high.While a 1031 exchange isn’t an option for flips, strategic tax planning can help minimize taxes.This post does not create a CPA-Client relationship.