Keep after it.Make sure you are complying with your states landlord/tenant laws such as providing a document showing disposition of the security deposit (retained for unpaid rent, etc)

You want something so that, in the unlikely event your deductions were actually challenged, you would be able to go into court confident that you have a paper/documentation trail supporting your deductions completely.In fact, merely including such documentation with your disposition of security deposit letter to the tenant, is usually enough to show the tenant that you know what you're doing, and will prevail if they were thinking about challenging your deductions. 

On the property management/investment side at a basic level you need these positions:-Bookkeeper/Compliance/Comptroller etc-Property Manager -Acquisition/Disposition/Leasing If you develop or have a large construction side then you could add a construction management position, but this can contracted out without adding the payroll.  

Thanks for pointing out the typo John. 90% numbers: ROI Prop A 26%, disposition 254%, Prob B 28%, disposition 254%, Prob C 41%, disposition 334%.I did not factor in depreciation, but if you buy 2 properties at 50% leverage versus 1 property at no leverage you'd also get double the depreciation.

. :- now the profit from the eventual sale of the property should be held tax free in the 401(k) solo for future disposition.

You may want to meet the pets to see how they are treated and their disposition.  

So that would mean the applicable depreciation over 5 years would be either 18.2% ($27,273) for residential or 12.8% ($19,230).The above information excludes any additions to the basis for capital improvements as previously mentioned but the rates of depreciation remain as well as having to net out the land value.Now the gain on the property will be based on the sale price at disposition less your basis.  

We've done many of these, in this situation we normally would never payoff the 1st mortgage, we would just reinstate the first lien and bring it current until disposition.

If the trust doesn't have any restrictions on the disposition of the house, for example it doesn't say the house must get donated to charity, then the successor trustee(s) may do what they wish with the property, such as transfer the title to your mother.This is way over my head as a non-attorney, but hopefully I've pointed you in the correct direction.

Read the forums, see what others are dealing with (late rent, no rent, extra tenants, unauthorized pets, breaking a lease early, security deposit disposition, application screening, etc.) and create a list.