.: Generally you would call in junk and cleaning professionals right?

It’s emotionally draining, but I’m determined to honor his legacy by building a real estate portfolio, just like he did.On top of that, I’ve faced a lot of loss in recent years.

In addition, somebody else is paying off your mortgage and the property can be a good tax write-off (consult with a professional).

Readers should seek professional advice.

Hi Katie, do the tax benefits apply to just Real Estate professionals or could it also apply to regular full-time W-2 employees?

Either way, you have a great resource of industry professionals her on BP, so I'm sure you are going to be fine! 

Depending on their financing scheme , most of them needs debt restructurization after year 4 or 5 which means LP losing money.everyone buying with sub cap 4 , they have to exit , banks want the money , they want exit with cap 4.5 ; buyer like us is asking for 5 cap.The only way they can survive is by the fed cutting rate next year or there is massive debt refinancing deals given by the banksThat's not correct at all, I get where your coming from and for the "novices" it's almost certainly true, but not remotely accurate for the professional, proficient syndicators. 

For example, they lost a fairly major battle when they tried to argue that only licensed professional can manage short term rental properties. 

Consulting with a tax professional can help clarify how and when to maximize tax benefits based on your plan.

Readers should seek professional advice.