If not from the person in office, then definitely from the person running against them.

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

What RichDad does not tell you is that it takes a driven personality to build a portfolio and if you have that type of personality you will not enjoy a retired state.

I haven't personally dealt with any crazy insurance premiums such as the ones people have been advertising in like Tampa, FL.

Mediation is a process in which the parties meet with an impartial person who helps to resolve the dispute informally and confidentially.

They do require that person to have no assets, so a house in her name could be problematic.

This is our boilerplate language:Insurance: Tenant should obtain a renters’ policy of insurance on their personal property.

I would personally put them in notice just because they never tried to communicate it on the back end of fixing it.

But I don't know your personal situation and all the financial details. 

We've not met in person yet, but know each other.