I generally pay on average 400-500/month a month for basic maintenance and repairs. 5200/year for property taxes. 5000/year for insurance.

.: @Travis Boyd you’ll lose more in interest rate increases, potential property taxes increases, realtor commission and other transaction costs than you’ll pay on any future cap gain taxes.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

To locate a property owner, you can typically visit your local county recorder's office or the tax assessor's office.

FHA loans, for instance, allow you to put as little as 3.5% down, making it easier to enter the market.Tax BenefitsMultifamily properties provide numerous tax advantages.

You get the best of everything- cheap, tax free access to your equity, you get to keep your interest rate and you get the cash flow. 

You can always search local tax records on your assessor's website. 

We have some real estate and are 100% equities with 401k and post tax savings. 

The way that I think about it is that these losses are future tax benefits.

Renting the garage brings income and partial tax deductions for expenses but adds complexity.