Timothy,General advice, not specific to an individual market, city or state. 

Based off our lease agreement, my lawyer says that it is the responsibility of each tenant to repair their own space.

This aligns with the other responses in the thread, as passive activity losses (PAL) rules govern how these losses are applied across your rental portfolio.

@Sandee SampsonA construction attorney would be who to contact but you are going to spend a lot more than $7000 in getting this resolved against a builder.Also let’s say you win, the courts could also say you didn’t pay for a retaining wall which is needed so it’s a betterment to the property so you would still need to pay for the wall and they would be responsible for some soil etc.

To answer your question, i am not wholesaling yet but i am in the same boat as you and i've been looking into wholesaling for a few years now and since i moved to LA i've been trying to connect with like minded individuals.

Thank you all very much for your responses. 

This is where good tax planning really pays off—not only can it help you maximize these benefits and reduce your tax bill, but it can also help determine if paying for cost segregation is even worth it for your individual tax situation.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

With exception of the accountant, these individuals did not go to college with these careers in mind.She can use my properties to suppliment her income without a lot of work and, in my opinion, have a lot of fun doing it.

However, government officials, pandering to populist sentiment, hold landlords to standards and responsibilities far more restrictive than any other business.