Which would mean that all of my clients funds go into my bank account and I would pay them their net payout (rent less my Mgmt fee, cleaning fee, maintenance costs, taxes) at the end of the month instead of them paying me my Mgmt fee.

Do a tax loss harvest  4.  

This growth is fueled by an influx of new residents, particularly from out-of-state buyers attracted by the area's affordability and lower property taxes.

There could be tax benefits in waiting a few years for the bulk of the money.

Tenant claims they don't know, initially a pro cleaned the carpet which actually spread the urine smell everywhere. 

They won't pay, but I'd take them to small claims court anyway, to get it on their record.

#1031exchanges #taxes #capitalgains #planning #myths

If I can borrow money at 6% and invest money to make 20% plus I would do that all day long.2) Without leverage you are setting yourself up for paying more taxes because your depreciation expense cannot fully offset the cashflow. 

I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book):  Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”Everything up to this point was clearly explained on how they got to the number, except this $65,000.

Only current business/investment properties are eligible for tax deferral under Section 1031.