You'll like also need reserves of at least 6-12 months worth of PITI (principal, interest, taxes and insurance.) 5+ units can require more down, but 25%-35% is common.

Your sibling can either take the cash for their 30% or they could do a 1031 of their own.If you and your wife file a married joint tax return then the IRS sees you as the same taxpayer. 

If you have reserves, can you invest the money that provides a better NET return (after tax) than putting it into the down payment3.

It’s a bit of a learning curve, but can be worth it for the potential benefits.As always, chat with a tax professional to make sure you’re on the right track and taking full advantage of the benefits.

If you are unsure of what constitutes legal notice in CA, consult an attorney, because if your notice is legally insufficient, and you have to file an eviction on that notice, the court could dismiss the eviction based on the legally insufficient notice.

Take into consideration the mortgage, taxes, insurance, HOA fees, and cash reserves for home repairs or replacements.

I decided to us a 1031 Tax Deferred Exchange in selling the property and as I was moving my family from Balt. due to the crime, drugs and gangs.

The home is 1,841 square feet and was constructed in 2009.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Current Loan Balance: 100,952Interest rate: 3.75Mortgage payment + insurance/taxes: $1066Rent: $1500/monthEstimated current value: 227k Current cashflow: $369/ month, I also have a first american home warranty on it $68/month so after everything I net about $300/ month. 

Unless you have boots on the ground working off-market deals or even the tax auction, I advise extreme caution.