This can help reduce risk and volatility by preventing overexposure to a single asset class. 1031 is only for investment property.7) Deprecation Schedule resets when the property is purchased in partnership with a DST.

Keeping pets requires a one-time nonrefundable pet fee of $200 (per pet) as well as an additional $20 monthly rent for each approved pet.

An umbrella policy for additional liability. 

Most likely a "discount listing" Owner pays realtor a small amount upfront to add it to the MLS.

Regarding insurance adding additional umbrella insurance is great idea. 

I was interested in something like owning a rental property as a way to generate some additional income. 

Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.

I also make sure to specify in the lease agreement that I need proof of coverage before move-in and that the policy should name me as an “additional interested party.”

Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000.

The intent of getting a sales agent license is to educate myself in Real Estate and create some additional income.If your relationship is such that you need to hide your license, you’d be better off with a different working relationship.