Since the sale of the property occurred towards the end of the year, in October, the 1031 Exchange was going to receive an Installement Sale treatment and in the event a Like Kind property was not purchased within 180 days the proceeds would have been taxed in 2018.

Expenses incurred before the in-service date will likely be capitalized (added to basis) and depreciated over the life of the property.It’s much more beneficial to deduct expenses in full as opposed to capitalizing and appreciating them, so it’s important to advertise the property as soon as possible.Since you’re doing rehab work, it’s also  important to note the different tax treatment of expenses with respect to repairs and capital improvements.These talking points should certainly be explored with a professional.

Seller financing is a like a drug and can benefit you or be a sucker punch.

Roaches can be killed pretty easy with a few aggressive treatments and ongoing preventative maintenance. 

Funded my LLC and bought the properties.Am thing thinking on drawing down on my available HELOC the same amount as my down payment.What would be the tax treatment on interest paid on HELOC? 

Hello, I am trying to find tenants for a 5 bedroom rehab in Lauraville 21214 and was approached by an individual looking to run a SUD Residential treatment program that is CARF accredited.

I mean it seems to be the right kind of place because at night you don't see questionable behavior, i.e. prostitutes, drug deals, etc.

They're subject to special treatment under Sec 280A.

I have a part time job, it's giving pre-employment drug screens to people starting contract work at the above refinery.I would be very cautious about having a STR 1.5 hours away. 

They aint (yet) in Pennsylvania.Come on, illegal drugs are, well, illegal.