Just like you, she can do RE as a side gig and learn a lot more while she keeps her own nest egg going and her lendability strong with a regular job.You should loop her into a major document with all of the properties and all of the profit and loss and go through them one by one and talk about whether to sell or keep, and also base it on geography for her and your collective choice of management.

Regularly performing or overseeing maintenance and repairs c.

Getting the deduction when abandoned or at the time of updating those asset classes and also getting the assets off the balance sheet to avoid future gain from sale price allocation.

No sewer line is perfect and most can be repaired or limped along with cleaning regularly or minor spot repair rather than requiring expensive work or replacing the whole thing.Hopefully you can work this out amicably and negotiate that price down!

If I switch up again, I'll loop back to this thread and update y'all!

I added value to the deal by strategically investing $15,000 in targeted renovations, including modernizing the decor and enhancing the property’s appeal with stylish finishes and functional updates.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Property owners get an annual update on their SEV & Taxable Values with their city property tax bill, typically sent in December.So now, the city assessor tracks the SEV, but homeowners are taxed based upon the capped Taxable Value.

Signing a new lease/rental agreement allows you to update the agreement to conform to changing laws.

***as true numbers come in will update post****This will be my first rehab all time!!