-The property: Duplex that we are house hacking and living in one unit while renting other side out on long term leases.- mortgage: loan and title under my wife and I’s name First question:I am unsure as to start the LLC with 1 or 2 members.

I'm a huge proponent of being able to lawyer without the assistance and expense of counsel.In the big scheme of things, eviction proceedings are quite informal compared to other actions and really the question becomes 1) is there a valid lease?

But if the replacement property has less value in section 1245 items, you do have to compute the difference (which pretty much requires a cost seg study on the acquired property), and then you have 1245(b)(4) recapture on the difference.  

Hi all,Has anyone leased their units to companies providing services to sober living or elderly care services?

The tenant alleged that the landlord did not provide her notice about the Rent Adjustment Program and terminated her lease when she sought a reduction in rent due to the construction work.

It’s not because self-management hasn't worked, but rather because I’m looking to free up my time to scale my portfolio further and focus on some other time-intensive projects.If you’re managing from a distance, the key is building a local network you trust—contractors, handymen, leasing agents.

Make sure and get a 1 year lease in place.

. 😢😢 I would say try not to squander your money on depreciating items though.

It depends on the item.

Unless you are doing construction and acting as a GC, owning a property management and leasing company as well as owning real estate, maybe then have one.