Partnerships have the lowest audit rate, and there is some flexibility in what you can write off (legitimately, not in a gray area) if properly memorialized in your operating agreement.

Point breeze/Newbold and maybe even Grays Ferry for long term 10+ year growth.

We recently purchased a property that needed very little work and were going to pre-hab it and see what we could get on the open market or else keep as a rental if we couldn't get what we wanted (comps are very gray in the particular area the property was located).

This "ready to rent" verbiage seems to have some gray zone, and we are wondering what people are doing out there who seek to deduct as much r/m expenses as possible.

@Hal Thompson is referring to the Due on Sale clause, which is triggered a property's ownership is transferred to an entity or individual not named as a guarantee on the mortgage.This is governed by the Garn-St Germaine act.You can transfer the property into a living trust, which names your company as the beneficiary. 

@Anthony Thompson Thank you for the information Anthony!

@Christine Swaidan We have retaliatory eviction laws in my state as well - lots of gray area there.

I've missed the last 3 or so meetings due to my schedule, but get in touch with @Trevor Thompson , he knows all the local get togethers.

I just welcomed new member Cody Thompson who is an appraiser maybe he could comment

ok already here. black and gray jacket.