Ensure that you are using a rent payment software program that records and categories rent and money charges and payments, including dates, payment amounts, and balance owed contemporaneously with the transaction.

Are there any recommendations for realtors that specifically focus on this category ?

I'm assuming principal is not written in the loss category even though it goes against your cashflow.

If your time is worth $30 an hour and you spend 20 hours a month performing these tasks, thats $600 more in the expense category.

I’d love to hear more Unless you want to Wholesale, there are two main categories that then break down to smaller categories, subsets, and hybrids, which are acquiring rentals or doing flips. 

And for the record, any of those challenges can be overcome and I would not bucket long term professionals into this same risk category.

A cost segregation will not classify the whole building as 5 year.It will classify some as 39 year, 15 year, 7 year, 5 year and 0 year.The items classified as 15, 7 and 5 year will be eligible for bonus depreciation.Since bonus depreciation is currently 60% for 2024, you will still be depreciation some of the remaining depreciable assets over the next 15, 7 and 5 years.A majority of the building will still be classified as 39 years which still gives you a good amount of depreciation into the future.

As a bonus you’ll sell for more.

The singer’s collection of wines comes to stores next month with a peaches/cream chardonnay (food dive).Bonus - A Nashville native broke the 100M butterfly world record at the U.S.

And as an added bonus, for now you can still take partial advantage to accelerate your depreciation.