Originally posted by Account Closed1) https://www.youtube.com/result...2) https://www.youtube.com/result...a simple google will find details on tax strategies for RE investors, just find a good local CPA who can work with you and is knowledgeable.  

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

@Jacob Riddle What about something like this: https://www.realtor.com/realestateandhomes-detail/2518-N-Che...?

You and your legal, tax and financial advisors should review this transaction in greater detail, especially the PLRs, to ensure you understand the significant risks involved and are structuring the transaction as close as possible to the PLRs to mitigate some of the risks.

Send me a message if you want to chat in more detail (background is in live in flips, LTR, MTR, and STR).  

I have watched a couple of your YouTube videos and found them extremely detailed and informative when it comes to the Milwaukee market and investing.

This is from the BP rental calculator and is exactly what I'm wanting to see, just with extra payments each month. 

Start by formalizing the transition—create a lease agreement and maintain detailed records of rental income and expenses.

Your mortgage has nothing to do with your taxes.Here is a very rough starting point, however the actual calculation will involve more details:1.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!