Doing so will help you avoid capital gains tax if you decide to sell later.Second: Test it out by renting the property for a year.

If this is your first investment property I'd shy away from HML and look else where.

Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return.

I have a client that lives in Hawaii but owns a property in DC area.

But after working with him, I realized he was very systematic and mostly cared about closing deals without much care for the client's long term needs.Here’s an example: I had a $10K escrow with the seller—$5K due upfront and $5K after the inspection.

Hello BP Community, I am under contract to purchase a new construction home as an investment property and I am the RE Agent.

Does anyone have a real estate attorney recommendation to review a property management lease?

Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.

2) How would you classify the property in the 2024 tax year and beyond?

No, they don't find my properties.