If you sign a contract with compensation for these agents and vendors to assist your portfolio....well, then, you've essentially done the same thing as a PM but with more contracts and relationships to manage.Specifically answering your questions:1.

QuickBooks Online has four different levels:QuickBooks Online offers four plans—Simple Start, Essentials, Plus, and Advanced.

Since Nassau County home prices are high, ensuring there’s enough room for profit after the flip is essential, especially considering the potential family dynamics and the costs involved.It’s definitely doable, but being upfront with the family and working with an estate attorney are key to making this work for everyone.

Implement Data-Driven Decision MakingData is essential for making informed decisions about acquisitions, pricing, and operations.

The $2,500 payment you proposed is the interest only portion of a 5% loan amortized for 30 years of $600,000 principle.

Dealing with challenging individuals can be frustrating, but it’s essential to approach the situation professionally.

Additionally, the limited rental period may not significantly impact the gain, but it’s essential to confirm whether any prorated exclusion applies or if the IRS rules regarding converting a primary residence into a rental property could affect the tax owed.

I know most residential lenders won't lend to an LLC so my question is should I just house hack the way anyone else would, using my own personal financial status and name, my own funds for the downpayment, and put the multifamily entity and principles aside for now.

This documentation will be essential if you decide to pursue legal action.3.

If you refinance it as your primary residence, then yes, you will be signing a new Mortgage at closing that says you intend to occupy for 12 months, essentially resetting your clock to another 12 months.But here's the huge kicker.