Thank you for being straight forward and informing us of the situation regarding not being able to sustain the monthly rent for this unit.

Based on my financial situation, I may be able to BRRRR either way, house hacking a multifamily is the most straight forward path for me.

., as others have said, the cost / time associated with hiring a professional are well worth it.If you do go this route, taxes on a syndicated deal should be rather straight forward as you'll get a K-1 from the Sponsor which you can then pass to your CPA.

I liked that I was digging straight into the principal from the jump but maybe I'm not looking at it the right way. 

You can bet the tile guy who didnt get the border quite straight on the attorneys backsplash either ripped it out and redid it or didn’t get paid.

The same investor could then go straight to the casino with his $50k and risk it all in the poker room, blackjack table, or roulette.

I can not seem to get a straight answer from the electric company to a ball park price to add the two new meters. 

However most lenders of that ilk will not go for houses straight out of probate.

Generally i try and stay away from contracts and deal with straight purchases but given the condition of the house i do not have sufficient funding to buy the house outright.

I’m close enough to retirement age that I could make this my primary occupation within a few years and, with a little luck, invest on my own - but I like the idea of also investing other people’s money as a way to help grow their capital alongside my own.I’m fairly early on in my research but I am stuck on what seems a straight-forward tax problem.