Once we had the home inspection I was able to have the seller credit us at closing $8k...of which the escrow could not credit the entire amount and so I had the seller write up a personal check for $2000 How did you finance this deal?

I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

Greetings!I am a resident of Virginia and purchased a rental property in West Virginia during 2024.  The 2 states have reciprocal agreements for wages and salaries.  I'm unsure if I have to file as Non-Resident in Wes...

I'd sell because you are reaching the time when you lose the cap gains exemption and that $24K would take over 2 years of renting to get back.I had a condo that I owned for a long time and I sold it despite it being paid off and having long term tenants. 

It really reminds me of where i grew up in Cupertino Ca when tech took off and the orchards were turned into housing. 

So I would definitely not write that area off. 

Fees should be clearly stated in writing, easy to understand, and justifiable.

•Students often leave between semesters or during holiday breaks, so consider whether the area has strong off-season rental demand or if you may face vacancies during certain times of the year.

After that, the lender may use a private auctioneer to auction off the property and try to recoup as much money as possible.

Everything I bought is up 2-3x and last year I had net rental income on my taxes of $86,000.