🙌Sheila“Most people’s lives are a direct reflection of the expectations of their peer group.”Tony Robbins

Reflecting on it, that’s actually probably helpful in weeding out some contractors who aren’t as organized and tight with their processes as they could be.

Everyone wants duplexes and the pricing reflects that, making profitability difficult with interest rates.  

Event by Kelli Williams and Ulster County Real Estate Investors GroupSanta Fe UptownPublic · Anyone on or off FacebookJoin us for an insightful and casual gathering of real estate enthusiasts and professionals as we come together to reflect on the past year and plan for an exciting 2024 in Ulster County's real estate market.

Most people dont trigger it because they never get a new insurance policy reflecting the new ownership of the property.

There are no tax breaks on top of that, and you can’t use that depreciation to offset any of your other income.Unfortunately, dividends are taxed as ordinary income, which can contribute to a bigger, rather than smaller, tax bill.Difference #7: ReturnsWhile returns for any real estate investment can vary wildly, the historical data over the last forty years reflects an average of 12.87 percent per year total returns for exchange-traded U.S. equity REITs.

I have filed for the LLC for each property, obtain the EIN, changed the name of the deeds to reflect the LLC using a Special Warranty deeds, opened individual checking accounts for each LLC.

I wouldn't try to get your tax return a specific way and then try to match your finances to reflect that.You should instead figure out why you are doing what you are doing and then have the tax return reflect that. 

That expectation reflects my aggressive research, self-education, mentorship, and preparation over the last few years.

Operating agreement reflects 50/50 ownership of LLC with money partner entitled to initial investment (down payment and closing costs) + 50% of appreciation when the property is sold in the future (leaving you entitled to 50% of appreciation and 50% of principal pay down).