If you average a 3-year old and you accidentally get 75% or worse losses of funds for18 months of purchases, it wipes out any prior gains. d.

You have a ton of great experience that will make your REI journey a little easier.I always recommend ensuring new REIs have high cash flow income streams in place prior to pursuing rentals.

Next, ask them if you can inspect the property for any damage prior to agreeing to the payment amount.

IRS Publication 590 is a good resource to examine these items as well. 

having been a Broker for 45 years I am all for paying the commissions  but add on like this not really unless its fully disclosed prior to working with them and we agree on it..

If the prior landlords confirm he was fine, I'd rent to him. 

Answer: No, buying an STR doesn't change the nature of historical passive losses on other LTRs you own and carried forward from prior tax years 

It's now practically 50/50 we get another .5bps cut, just prior to Wednesday meeting it was 25% chance of getting that 50bps cut(from an original 50bps cut).Long way to go to Nov 7 though, and it's post election so we shall see. 

Hi Shayan,Rehab projects that involve HOAs can still be very profitable, you'll just want to check in with the HOA prior to signing the purchase agreement to check if the work that you want to do will be allowed, but also to see if the condos are warrantable.

Prior to finding this out, we agreed to honor all current bookings after taking ownership (we would get the income).