Over the past decade, I’ve built and managed purpose-driven homes in CA that serve communities while generating stable, long-term cash flow.In addition to running care homes, I also consult with aspiring care home owners across multiple states, including Texas, Arizona, and Michigan (Detroit area).

In addition to interest and repairs, you can deduct off a 27 year depreciation on the home. 

In addition to cheaper prices through Minoan, they set up a site for your property with affiliate links in it. 

But there are many things that can be done to greatly reduce the chance.For example, many sponsors are audited which provides an additional set of eyes.

Additionally, I'm still not convinced that you are not associated with this new management company. 

Additionally you can do a cost segregation study and get a lot of depreciation benefits to offset the rental income (and potentially other income).  

They forget time is money and the PMC shouldn't be expected to do this without additional compensation.Also, many owners are too focused on the cheapest price without understanding all the potential pitfalls. 

Additional Categories: Charity? 

The decision to do a cost seg generally comes down to whether or not you can actually benefit currently from the additional depreciation.

Additionally, if there are any contractors in the Fort Lauderdale area who can provide an estimate or guidance on this type of conversion, I’d really appreciate the connection!