I have successfully defended multiple clients in this situation.Once again: Don is claiming his deduction correctly, and I am breaking the rules.

The next part that I learned, and this an IRS rule, is that you can only have an average balance of $50K out per calendar year. 

So I doubt whether I should sign, or it's a kind of rule that I have to sign if I work with agents to find the deals. 

Asking in the correct forum will get a better response.Read the RULES!

The ruling may be overturned.I do hope that this act is struck down. 

If you are considering renting it for a minimum of 30 days, I believe you will be exempt from any short term rental rules and taxes. 

My 2 cents FWIS: You have three colors going right now and should stick with a 60-30-10 rule.

So, if these are all in A neighborhoods, I would think you could get much closer to the "1% rule" on rent than where you're at now.

The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

I plan to never pay tax on the appreciation with the current tax rules (1031, die with step up basis, etc).Best wishesYou are way off topic.