As other people have stated here, the answer is probably non-deductible to offset ordinary income.

The terms will be fair, but also terrifying for non-performance.

Also, what about internet, trash and security?

You have to find a property manager whose investor friendly and is good with communication - that's a non-negotiable for me especially when I refer them to my clients here in Columbus Ohio.

From the title insurance, the road says public rd, we also obtained fr title company of a grant deed fr 1963 that says “reserving easement” of this same road.

Agent to non-agent, no. 

On top of that, we transitioned the loan from a community bank to a Freddie Mac agency, making it non-recourse—a significant upgrade.Exit:Today, on August 15, 2024, I’m proud to share that we sold the property for $3.15M.

Typically it is binary, you either meet the 24 month requirement or you don't...there are a couple of exceptions for moving in less than 24 months which you can review here:https://www.irs.gov/publications/p523#en_US_2023_publink1000...Look at the "Partial exclusion" section

It’s worth the investment—placing the wrong tenant can cost you much more in the long run if you have to deal with evictions or non-payment.It’s about finding the right balance for your needs, but in my experience, having some professional oversight can save you a lot of headaches down the road.

About 8 satellite dishes hung off the outside all over the place, and many tenants each paid for their own cable internet/TV account.