In Oregon its even better our Juice goes down to 4 cents a Kilo wat at 10pm to 6am.

BUT.. his deals he stabilizes and sells right away to juice his IRR and that is just the model.

Send a thank you for meeting followup e-mail, remind of criteria, show em you appreciate it which shows you ARE legit in your desire. 

The juice for the whole thing is the sellers.

@Sean O'Keefe how "timely".Sending owners an Annual Owners Statement with line items that correspond to Schedule E is not difficult.

Please e-mail us your inquiries preferably. 

Let me know if there are any established meetups.Come out tonight for our RE Networking Meetup -- https://fb.me/e/zZV2huWUO

If both trust and LLC are disregarded the property is being reported on your joint return Schedule E. 

I don't think I've heard of anything less than that, but may e residential charges less, I always stand the sheets up, that way you have one vertical seem to tape, not one horizontal and 2 vertical when you lay it down.

Converting your single-family home into a rental property involves several considerations to protect yourself and ensure smooth operations: Establish an LLC:Liability Protection: Holding the rental property in an LLC can protect your personal assets from potential lawsuits related to the property.Tax Benefits: An LLC can offer tax advantages, such as pass-through taxation, where rental income is taxed at your individual income tax rate.Insurance:Landlord Insurance: Ensures coverage for property damage, liability claims, and loss of rental income.Umbrella Policy: Provides additional liability coverage beyond your landlord insurance, offering extra protection.Deductions:Mortgage Interest and Property Taxes: Continue to deduct these expenses.Depreciation: Depreciate the cost of the property over 27.5 years, excluding the land value.Maintenance and Repairs: Deduct costs related to maintaining the property.Property Management Fees: Deduct fees paid to the property manager.Filing Taxes:Schedule E: Report rental income and expenses on Schedule E of your tax return.Separate Accounts: Maintain separate bank accounts for rental income and expenses to simplify bookkeeping.Lease Agreement:Solid Lease Terms: Ensure your lease agreement is thorough, covering rent amount, due date, late fees, maintenance responsibilities, and eviction terms.Legal Review: Have the lease agreement reviewed by a real estate attorney to ensure compliance with local laws.Tenant Screening:Background Checks: Perform credit, criminal, and eviction history checks on prospective tenants.References: Contact previous landlords and employers for references.Property Management:Regular Inspections: Schedule regular property inspections to ensure it's being maintained properly.Maintenance Fund: Set aside a reserve fund for unexpected repairs and maintenance.Moving Out of State:Communication: Maintain open communication with your property manager.