I had a client considering a building on that edge that you mentioned just yesterday.

Use DIY tools for straightforward cases but consider professional help for maximum savings and audit protection.This post does not create a CPA-Client relationship.

I use QBO to keep track of my properties and do this for my bookkeeping clients also.

Next, I tend to recommend that clients stay away from inflated HOA fees.

Hey Nithin, one of my client's closes today on a next gen home that they plan on renting out the separate unit.

Just keep in mind that entertainment expenses—like taking clients out for a show or a game—aren’t deductible anymore.And, yes, you can deduct 100% of your education expenses if you’re already a real estate investor.

Last but not least....A few members in replies have already mentioned why it makes sense to hold…….I very much appreciate ALL FEEDBACK, however I think it will be helpful to provide some added context as to why I am absolutely certain (and my CPA’s are convinced as well) on my decision to liquidate the entire portfolio and onceAs I educate clients on daily, income tax brackets as well as long term capital gain tax brackets in our country are more favorable right now than they've been at any point in the past 80 years.

It used to be my job to protect our celebrity clients from so called investment specialists who promised more than the investment was worth and delivered less or nothing at all.

To intentionally reduce the leverage more than required is a foreign concept to me especially in the San Diego market.  

I offered to buy the property from the $28B foreign company which kept them from having to tear down the buildings to mitigate the vagrant problem and also from their obligation to pay the rail road for the long term lease.