The clock starts ticking when the properties close, so extend your escrow on the first sale to time the closing with the second one.

I would like to extend a brew city welcome to you.

I assume that I cannot depreciate the house till it is ready to receive tenants, and it is all depreciated over the 27.5 years even though it extends over two different tax years in the year it is placed in service?

Something like (original rent - $other tenant's utilities - $nominal payback fee)OR put something of value into the property they could enjoy like a new fridge, W/D, or whatever would be a win/win for you both.Rewrite and extend the lease at the same time.I hate to see a good tenant go.

What is the best way to more propeties without over extending yourself?

The problem with the extended greeting is that it contains my keyword and I end up with a with a ton of unwanted mail.

Sale Lease Backs for the rookie are FOOLISH.Have them contact extended family for loans from retirement plans (SDIRAs) or 401ks or savings for the $17K.Stay away.Also look at Foreclosure Rescue laws in your state (GA)See http://dbf.georgia.gov/foreclosure

Start studying Dodd-Frank and the SAFE Act to see what you need to do extending credit, which is what a modification is, to owner occupied borrowers, you've probably been listening to self educated investors through guru stuff.

They may extend.

I have a contractor that has agreed to extend me a revolving 2k, but I would love to just pull equity out and get the repairs done.