That means both you and your partner are considered owners for tax purposes.If you have a Partnership Agreement, that should be your go-to for figuring out how to split the capital gains.

Figure out where *you* want to live when you retire, then work backwards from there.

In this case, I billed them and then sent my handyman over to figure out why it was so high, and he uncovered the issue, but fortunately I did not have to foot that bill.Follow your local laws & find a way to sub-meter.

Now to figure out how to delete this one...I have been a 10+ year mint.com user and religiously track my expenses.

@Srinivas BondadaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

You should then figure out if your market caters to that strategy.

Are there any Auction.com gurus out there that can help me figure out this deal?

Find a property that the seller is willing to finance for you, take a mortgage over subject to, find some investors willing to put the money up on a great deal.I am confidant that you will figure it out. 

I recommend you rent it long-term for a year while you figure out where you are trying to go.

I can at least look at what you have, figure out what the next step is.