Here is how the Roth conversion works: you can convert anytime between January 1st and December 31, and you will receive a 1099R from your IRA custodian or 401k plan administrator before January 31st of the following year, which will be included in your tax return filing and that is when the taxes will be paid: at the time you file your tax return. 

Vitaliy  Vitality, this has been the best reply I have received on this platform yet.

I just received the information on the tenant from the listing agent/property manager. 

Every so often I will look at my listing in private or incognito mode to make sure it's showing up to the general public.Closer to their stay, I text guests (who want it) a guest book that I put together with local restaurants, things to do, parking, etc. 

This would mean that the difference between the cash on cash return and the IRR is appreciation, which you'd receive upon sale. 

At that point, he won’t receive any further compensation, and I’ll seriously consider replacing him.By the way, do you have any recommendations for good eviction lawyers?"

They have received extremely nominal amounts of relief on over 20 houses they’ve researched and comped to get an abatement.

What kinda gets me is when the same poster becomes hostile, argumentative, accusatory and or sarcastic because they’re not receiving the response they want (and probably just paid $5k + for knowledge/information/mentorship that won’t lead to their desired result). 

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

This benefit allows the owner’s estate or heirs to receive the property at a new, higher basis—reducing capital gains taxes if they choose to sell the property after inheriting it.In short, partial disposition allows tax deductions for retired property components during ownership, while the death step-up basis resets the property’s depreciated value, providing tax relief for heirs.