Be sure to take plenty of good pictures on your phone and add the important facts in your rental ad (like who's going to be paying what, if pets are allowed, the duration of the lease, etc.).

As an example, if you took Section 179 depreciation on an $25,000 car in the past year, and are now subject to 179 recapture in the current year, you will have approximately $20,000 to $23,500 added to your taxable income for the year.

Hey Karlos, I have almost the same strategy ad you do.

In general, I would suggest repairing the rented unit when it is rented now because once you move in to renovate, yes the improvements are added to the basis, but repairs are not ( there is one exception) Although there is a rule that when you are improving the personal residence and there are minor repairs done with the improvements, those repairs can be added to the basis, but you would benefit more doing the repair now while it is rented to get a tax deduction right away rather than adding to the basis. 

They took one of those accounts, added my friends name onto it, wait over six months, so if he needs to do anything, show the bank to passbook, and he's good to go.

I have published 9 books on Amazon Kindle, created multiple drop-shipping businesses and ran Facebook Ad campaigns for companies.

Hi..i came across a property, and i appreciate for any input you may haveInfo:--------------------------------------------the sellers Real estate agent said..2 family homein its current situation the house worths $308kthe seller is asking $250Kthe house has tenants producing $3800/ monthComps:The houses rehabed afew blocks down  sells around sqft/price $207-$262  i talked with another real estate agent he said 3 families run around $400kEven though this one is not a higher end, it is being asked at $262/sqft   Questions:Does this deal makes sense?

Unitdash charges for some added services if you choose to use them (auto pay, mailing letters, texting through the app, etc...) which is also more than fair as the prices for those features is very low in my opinion.

I have added the definitions below for others on the site who may find the information helpful.Before, you can determine if an eviction or ejectment is the right course of action you must first have define what the person living in your home is.  

Also didn't know Cozy was including rent payments, they must have added that after I stopped using it!