The anticipated tax hit largely offsets the cash flow I'd expect to get during those first couple years, so it's making what originally sounded like a great deal into something I'm feeling a bit more neutral/ambivalent about. 

The listing agent ultimately moved from sellers agent to become a transaction broker, supposedly serving as a neutral party for the transaction.

I'm currently collecting rent by meeting with tenants at the property or a neutral location.

I want to keep my same job for a couple more years but significantly lower my monthly expenses by moving out of my rental apartment and getting into a more cash flow neutral living situation.So my plan is the following:1.

Purely tax neutral viewpoint.  

Talk to an attorney that can help you draft the agreement.Title companies can typically handle payment processing, but that just keeps things neutral and trackable.

Choose neutral colors and design a feature wall in the living area.

The short answer is that if you are upside down in an investment, but it is at least cash flow neutral, you wait.

The eviction courts in Summit County are at least landlord neutral, unlike Cleveland Courts.   

I failed the first one because I didn't have a deadbolt on one of the exterior doors, one of the outlets had a hot-neutral reversed, and I needed a GFCI outlet in the kitchen.I have a scanned copy of the Pottstown rental inspection report, with each thing they check.