(Assuming he paid $100k, is selling for $1M but tells the IRS $100k to avoid taxes and help you out.)And I said…“Lastly, don’t forget you’re also going to owe $250k in taxes if you sell the home for exactly the $1million you really paid to buy it.

Many states allow landlords to enter the property with appropriate notice (often 24-48 hours) for repairs, even if minors are present, as long as it’s done respectfully and with prior notice.Discuss Lease Terms and Future Considerations: If this continues to be a recurring issue, consider including a clause in future leases addressing tenant responsibilities for cooperation with maintenance and repairs to avoid escalating issues.

Additionally, unrelated business income tax (UBIT) might apply if your property is financed.One option to consider is partnering funds from multiple accounts or other individuals to share in the investment, which may avoid the need for difficult-to-secure non-recourse financing.

I really need another side hustle.We, the experienced ones, spend our time helping people avoid the same potholes we did.

If the house has increased a lot in value, you may want to sell to avoid paying capital gains on the profit.

Even if the tenants are allergic, they can avoid that area for a short period of time, just like they would do in any outdoor space.

MTR is treated like an LTR from what I understand and I already own a couple LTR's so would rather do more of those than an MTR and avoid the extra hassle of furnishing, etc.  

If you are comfortable renting it, then I would avoid the extension and start the refinance process before your maturity date.

We would like to avoid putting our primary residence on the line for this.

Doubt the LLC owner has performed all the necessary tasks to avoid the "piercing of the corporate veil" by an attorney that knows what they are doing.DM us if you'd like to discuss more and get an intro to such an attorney...