Or can I still write off the closing cost in 2026 if I am not done with the separation by January 1st, 2025?

I’m a fairly new investor, currently with only one STR/MTR duplex in Indiana, and I’m looking to develop new skills in order to improve my personal income to help expedite a second rental investment.I am a touring musician, and also have 5+ years of bookkeeping experience for one of my small businesses, and I run the books for my one duplex as well.

Hello BP Community,My name is Patrick Belanger, and my wife and I (both engineers turned entrepreneurs) havebeen investing in Edmonton and the surrounding communities since 2013, buildinga 32 unit local portfolio of single family homes, duplexes, garage suites, andsmall new-build multifamily (6 and 8 unit properties).

Dear all,I'd like to share a creative finance strategy that I have used to scale to $10.5M of client capital under management and $21M of assets on the books.

But I see it as a pro. 

Originally, I was hoping to have the property owner hold the property while I take the agricultural property through the feasibility study and rezoning to have paper lots approved by the city I choose to annex the property into.    

I paid state income tax in MN and CA so I wanted to so I’d that. 

I am new to the whole real estate business.

Lease expire in 5 yrs but I don’t see a renewal option offered to the MSO group.They bought this place 2 yrs ago.

I only have one unit that I hope I will continue to retain a tenant long term.