Purchase price: $210,000 Cash invested: $35,000 Triplex 3- 1bed 1 bathCompletely RenovatedShared Utilities What made you interested in investing in this type of deal?

The reality is that the Gross S8 Rent amount on an S8 voucher includes all utilities.

Selling a primary residence and then buying it back as part of a 1031 exchange could raise red flags with the IRS.Your parents have a valuable opportunity to defer a significant amount of taxes by utilizing the $500,000 exclusion on their primary residence.

Assets identified in this study include:Recreational Facilities: pool and pool deckSite Utilities and Infrastructure: Utility connections, signage and site lightingLand Improvements: Sidewalks, landscaping, fences, parking spaces62.28% of the total depreciable basis was classified as 27.5-year class life.

You would basically offer the same set up utilities but you would have a residual income monthly by renting the plot to the owners of the space. 

The LLC helps when you are trying to do things like turn on utilities. 

Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof.

It's nothing spectacular, just utility bills, trailing 12, rent rolls or whatever he's got so I can build an accurate assessment and make a fair offer.

Sewer elevations, fire hydrants, setbacks, soil compaction, storm ponds, storm drains, easements, utilities access, road access, etc.  2.