so dorchester would be the second biggest city in the state if it was on its own and contains at least a dozen neighborhoods, each with its own dynamics of appreciation and cash flow etc. 

Formal tools like REPSLog can be helpful, but they’re not strictly required if your records are well maintained.Here’s a simple Google Sheets logbook template that captures all of the above and can be customized as needed: https://docs.google.com/spreadsheets/d/18TPSjWYJfGTV7jtWeuHD... and clarity matter more than the tool itself. 

The gentleman who used to live there ran a machinist shop out back, which we essentially got for free in the purchase.The rental essentially sits on one half of the lot and I have fenced that in, so that it is self contained.

Yes, I can certainly explain all the differences between the loans and write an entire novel on it...or you can just complete a free application and have a custom presentation of your options.  

It is also important to note that there are at least three different ways to calculate the spread of the deductions over the first five years, which allows you to customize the accelerated depreciation deductions to custom fit your tax needs, and maximize your benefits.However, if you do not take advantage of bonus depreciation upon the first year of filing tax returns, you will lose the opportunity.

Quote from @James McGovern: If a listing agreement were to contain a statement of work that outlines agent marketing activities and target outcomes what would be an example of what it would say?

It’s the in-between work that lives in the cracks between systems and people.The biggest time drains I see consistently:Maintenance coordination and follow-upNot the repair itself, but:Chasing vendors for updatesConfirming completionVerifying qualityMaking sure invoices match the scopeThis becomes a loop of emails, texts, and reminders unless you have a very tight workflow.Tenant communication triageA lot of time gets burned sorting:What’s an emergency vs. what’s notDuplicate or unclear requestsRequests that should have been self-serviceWithout clear expectations and templates, every message becomes a custom response.Turnovers and make-readiesScheduling cleaners, painters, maintenance, inspections, utilities, and photos in the right order still requires a lot of manual coordination.

However, If you own a property with an average period of customer use of 7-days or less (or 30 days or less with substantial services provided (a different conversation)), it can be treated as a "business" for tax purposes.Now that it's in this business "bucket", the taxpayer can materially participate (7 tests) in the operations in order to treat the activity as non-passive.

The blockchain is a distributed, public ledger that contains the history of every bitcoin transaction.

The information contained in this post is not to be relied upon.