A landlord will often get a HUGE water bill because the tenant doesn't care, so won't alert their landlord, about a running toilet. 

You must set standards and stick to them or tenants will walk all over you.Another example of a lazy person living off the taxpayer's dime and then acting entitled.

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If I'm in your shoes, I would keep tabs on comparable sales in my areas (I believe Zillow lets you setup alerts for sales in your target areas) and use those as your best measuring stick for figuring out your own value. 

Use overlays to view zoning changes, permits, and demographic trends that could signal future growth areas.Alerts and Notifications: Set up alerts and notifications for new listings or changes in specific areas of interest.

The use of the plural in Reg § 1.469-9(c)(4) indicates that both spouses on a joint return are considered qualifying taxpayers if one spouse separately satisfies both requirements of RE pro. 

That's 15% on the sale of your property.  1031 exchanges are extremely difficult to accomplish for a non-us tax payer. 

@Ana Vhan - The IRS needs to see the same *taxpayer* on both sides of the exchange.If you file jointly, and your trust is disregarded, you should be able to take title in the name of the trust.Your tax professional can confirm, and your QI can support that decision.

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It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..