This approach helps maintain strong relationships with tenants and avoids disputes.Hope this helps!

Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.

Let's assume your expenses (mortgage, taxes, insurance, maintenance, vacancy, etc.) comes to a clean $600 and the property rents for $1,000.

What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".

I'd also add to that that you are paying a 20% withholding tax on gross rental income. 

I would avoid new build properties from southern impression homes.

Now I can see some builders having an issue with comps.. but other than that its crazy to take these funds as income and then pay tax and plow it right back in.. 

So I broke these up specifically based on numbers and property values, trying to avoid anecdotal bias .

Is it fair that the county can raise property taxes due to a strong market?

I also want to learn about purchasing properties with tax liens / bankruptcies / foreclosures.1.