Quote from @Chase Calhoun: Quote from @Jake Baker: @Chase CalhounIt has been tough to make things pencil on the back end for us.

Quote from @Joshua Baker: So a little background on myself.

Quote from @Marc Halpern: Quote from @Max Emory: @Marc Halpern same as @Jake Baker, we use QBO for all of our clients (all REIs).

Quote from @Lane Baker: I bought 2 properties back in 2020 and 2021.

It’s built to handle exactly the kind of real estate bookkeeping you’re describing — pulling together rental income, mortgage, insurance, repairs, license fees, and general business expenses into one place.

Also, from what I keep hearing from agents, communication can make or break a deal… especially after hours, since real estate doesn’t really run 9–5.Curious, how do you find lenders who operate the way you described? 

But I really want to start acquiring 5-10 properties described above, over the next few years.

If one spouse qualifies for reps and materially participates in the rental activity, then all the rental activity should be eligible to write off any losses against active income to better help, can you describe how your mom is a real estate professional?

Sounds like you're describing the "locked in affect". 

The fact that there wasn't a survey done at the time your husband conveyed the property may not come in play if the neighbors are claiming title to property described in the deed he signed.