I find it helpful if your accountant is also an investor.Why?

Nobody expects their retirement account to cash flow while they are working.

Obviously you need to take into account tenant landlord laws, if you are investing in Middle America it seems to me that there are many opportunities for double digit cash on cash returns.

I also estimate that, after accounting for a 10% vacancy, I could rent the property for about $1,800 per month.Even with that ($400) cash flow, I still feel like I’d be better off than where I am now, between the experience I’d gain, the equity I’d build, and the appreciation and tax benefits.

John, I use a collection agency for my management company but I do not believe they deal with one off accounts.

If you perform a 1031 exchange, you may avoid immediate recapture taxes, but long-term holding strategies must account for eventual recapture.4.

I quickly made an account because my partner got tired of me asking her to post questions.My question is: Currently, we are not required to build to ADA standards, but our unit is perfectly set up to be ADA accessible.

I'd like to properly account for this in my cost for acquisition and ownership for roi use cases.  

Account Closed Wow!

That said, I do have significant personal assets I don't want to put at risk so I have one LLC for my two rental properties and keep all accounting separate.