@Dat Chung so to state the obvious, your somewhere around 0, correct?

It may take several months of maneuvering to get them positioned correctly , but it will be worth the effort if you get them straightened out.  

However lack of communications from your GC / builder I agree frustrating and can be a killer to the GC's reputation..

Consistently communicate with your investor list through email campaigns, providing valuable content that goes beyond investment offerings.Now for the fun part: asking for investments.

I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I will have the renter sign and make copies of and provide them a copy.- I have the statement of condition that I will have the renter sign and make copies of and provide them a copy.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

In San Francisco, this choice is taken out of your hands and is instead a determination made from and by the Planning department.From an Investment POV, you are absolutely correct that combining the lower and the ground floor units is the best option to preserve your ability to perform a fast track condo conversion and generate the most equity in the shortest amount of time.

You are correct that you still have the original 50k as depreciation recapture. 

Is my logic/approach here correct?

Hi everyone, I need help in transferring a property from my Fix n Flip, LLC to my rental LLC. I bought the property and rehab to sell. But I finally rent it out. So what is the simple way to put it into my Rental LLC?

Isn't it possible we're both correct based upon our experiences in different areas?