I appreciate you telling me your experiences with it, I understand there are different aspects of real estate.

This was a great way to keep the home in the family and avoid the house going into tax foreclosure.

However, employer profit-sharing contributions (up to 25% of W-2 wages) are not subject to FICA taxes and do not appear on the W-2.To stay IRS-compliant, ensure your Form W-2 and Form 941 properly reflect deferrals, and maintain a reasonable salary to avoid red flags.

Maintenance/cap ex, insurance, if a rental PM, bookkeeping, misc.The fact you have a loan means 1) leverage 2) equity pay down.In addition, there are tax benefits.So I will do some rough underwriting as an OO non-rental at 95% LTV (because FHA has some undesired consequences that make the 1.5% difference in LTV worth avoiding the FHA).equity paydown: 20% (using OP interest rate at 95% LTV and not counting closing costs). 

Some great options include:Drip Coffee Makers – These are a classic choice, easy to use, and allow guests to brew multiple cups at once.Single-Serve Coffee Makers (non-Keurig) – If you want to avoid the pod waste associated with Keurig, there are many single-serve options that use reusable pods or grounds.French Press – A great option for guests who enjoy a more hands-on brewing experience.Espresso Machines – Ideal for guests who appreciate a high-quality espresso or latte.It’s important to consider your guest demographic and what fits best with your property’s vibe and available space!

This is a screenshot from a private Facebook group for tax professionals. The person worked for H&R Block, now works for TurboTax Live and is being honest about their skills: NOT QUALIFIED. And this does not even ...

This means the buyer cannot write it off immediately but may recover the cost through depreciation over time.To maximize tax deferral, sellers should consider negotiating a price reduction instead of a repair credit to avoid potential taxable boot (excess cash retained).

--Financing:I would like to do 20% down, or more if needed, but I would like to avoid 100% cash offers as it would likely be the majority of my liquid assets.Question: How does financing differ from the mainland?

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Their exit from conservatorship must be clearly telegraphed to avoid liquidity issues.