Breaking Even & Potential Cash Flow•Your goal of breaking even in Year 1 is very achievable, especially with a 5% down payment and PMI removal via renovations.

I would characterize Columbus as some positive cash flow but amazing appreciation potential.

I see potential hurdles when it comes to resale but who knows what the future holds for these type of properties.

If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.

Again we are reviewing our investments, potential developments, defensive positions.My outlook is the stock market needs to come down 50 to 60% this year.  

If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.

The remaining potential issue is their rental properties.

@Marko BukvaI'm not entirely clear on the plan and ownership, but there are potentially several different types of tax at play for a transaction like you're discussing - gift taxes, estate tax, income tax, property tax, documentary transfer tax, etc. 

I'm considering tapping into the equity from either my primary residence or rental property to purchase another rental home that generates solid monthly cash flow.I'm open to investing out of state and have heard that areas like Ohio, Tennessee, Georgia, and North Carolina offer potential opportunities.

If I try to combine everything into one, ol would that be viewed negatively to any potential client?