All about coming up with a strategy and building relationships with the right people.  

The real estate game is all about relationships and strategies, and this is one of the most important topics to get right early on!

There are no upfront costs so why not establish a relationship with someone who actively represents real estate investors and move forward with vetting your ideas.Best.

What I wrote above does not create an attorney/client relationship between us.

You can do cost seg in 2025 before filing your tax return, and your apply for your 2024.This post does not create a CPA-Client relationship.

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

I’m waiting to connect with the realtor to get more information about the sellers background / potentially speak direct to build a bit of a relationship. 

While I understand the relationship between those months and COVID impacts, and I'm guessing they were within their agreed-upon rights do halt redemptions, it's an additional risk to consider.

Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.

This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.