To be clear: I am NOT entitled to the deduction since I did not make these payments.

I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.

I’ll be honest it’s not clear to me real estate is necessarily a better investment than say the stock market, certainly not a bad investment but not as hyped as some people make it, you need to decide how much owning your own home is worth to you & also how long you plan to be in the area, if you will be here for the foreseeable future, bite the bullet and buy, if your not sure where you will be in a few years, renting might make more sense.

I tried to work with my tenant but they cut off all communication with me and wont respond to anyone.

But it’s crucial to double-check NYC’s rental regulations to make sure you’re in the clear.

Quote from @Christopher Johnson: @Scott Trench - FALSE - DECEPTIVE POST - It's sad people resort to this online bullying, invasion of privacy, attacking our staff, and clearly attempts to blackmail us for $. 

@Kyle Kulhanek To retitle your Chicago condo into an LLC for liability protection, start by forming the LLC with a clear operating agreement outlining ownership and responsibilities.

You can let applicants know they’ve passed the screening and move forward with showing them the property, making it clear that the lease is only finalized after the viewing.

Etc.Etc.I've found that when you can get crystal clear on what your ideal good deal looks like, it is MUCH EASIER TO FIND IT!

That's part of why I still think it's a great time to get in because most people who are not in technology are very skeptical but there is clear underlying value.Interesting thread, although I think you just set up a straw-man argument with the statement about the internet in 1995.