Unfortunately it's a common problem.

This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?

At the time when the chemical industry discovered farmers as a huge market all sorts of herbicides and pesticides (the are banned today) were introduced, stored and disposed of basically into the ground: the farmer did not want to have stuff growing between the barn and the farmhouse anyway, so seemed like a good spot to kick that barrel over.

You have to split the common expenses in 2 - mortgage, taxes, insurance, landscaping, etc.

There are 7 material participation tests, the most common of which are at least 500 hours in the activity, or at least 100 which is more than anyone else.You are correct that if one of you meets the REPS thresholds for 2024, and you make the said election, it does NOT free up any passive activity losses from prior years. 

Hello, Depending on the deal and your FICO, some hard money lenders will lend you up to 90% of the purchase price + 100% of the rehab, but more commonly, 80/100.

A 3/2 is going to be less commonly desired by health professionals and you could look into insurance placement companies.  

For criminal background checks, services like TransUnion SmartMove, RentPrep, or MyRental are commonly used and provide comprehensive reports that include criminal history, credit checks, and eviction history.To verify how much they make, you can request recent pay stubs, bank statements, or tax returns if the tenant is self-employed.

Network with investors, avoid common pitfalls, and refine your numbers.Good luck!

Pretty common for tree roots to grow into a cast line or clay.