What do you mean you are paying $400 additional dollars more than what you are paying now?

Do they value nicer finishes and design or is that additional cost lost on the typical tenant in that pocket?

Additionally, the replacement property must be real estate to qualify under IRS rules.

In the end my tenant received a reward for being respectful to my property and I am now have this unit locked until next year with a small dip is gross rev!.

In addition to being illegal, if we had not caught this, (thanks Diogo!)

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

.: Hello,Did anyone received post closing audit from mortgage company.

Additionally, she stated she doesn’t want to pay either.

Cash on cash is only what you are receiving divided by your expenses.

Additionally, I really want to dive into the property management realm and am passionate about connecting and assisting other Veterans and Active Duty.