Whatever you do, leverage smartly—DSCR loans can help you buy more without draining your cash, and depreciation will handle your tax burden for 2024.

I’ve racked up a bunch of unexpected expenses while I wait for the construction company to figure out their issues- it feels unfair to bear the burden of those added expenses alone when this is not my doing.

Also, keep in mind if it causes an undue burden on you or is too costly you can deny them. for example, if your insurance company says that dog breed is on the ban list then you need to find out how much it will cost to insure them. if the rates go up because of the dog then you can deny them based on the undue burden. 

If you do have gains, you may be able to offset other properties losses to reduce the tax burden.

I’m happy to be in a forum with fellow investors and people wanting to master real estate.  I enjoy hearing about peoples’ personal wins and innovative, creative strategies.  I hope to be able to contribute to other p...

As the above paragraph says they assume you may have UNINTENTIONALLY discriminated, so the burden of proof is largely on your shoulders. 

After selling one and using a 1031 exchange to buy a fourplex in Chicago, he reduced his interest burden by 20% while boosting his net incomes by $1,500 per month.

Plus, he said let the tenant go to court as burden of proof is on him.

However, if the property is a burden (e.g., costly to maintain), they may be open to a discounted or creative arrangement.2.

Of course, all channels can work.. it’s just that certain ones might be better for your situatoin right now.Since your Charlotte mortgage is higher, renting by the room can spread that burden across multiple renters.