Or use the $300k as the typical 20% down, would give you $1.50 million in buying power.

These expenses would be reported on Schedule E (Supplemental Income and Loss) of your tax return.Since you incurred these expenses before you started renting out your property, you can typically depreciate the cost of the furnishings and any improvements made to the property over their useful life.

Single Family Active, Pending, and SoldPast 30 Days Folsom49 New Listings55 Homes Accepted an Offer31 Homes Received Multiple Offers77 Homes SoldPast 30 Days El Dorado Hills66 New Listings44 Homes Accepted an Offer22 Homes Received Multiple Offers51 Homes Sold

Hey @Mitul Gandhi - Generally speaking, the neighborhoods in Chicago that have the least taxes are going to be the neighborhoods that have the lowest property values.Properties that have been renovated (and a permit pulled) will typically go up in taxes because the city knows that there were improvements made.

We mutually aggreged to a new lease with a higher rent, as he wants to receive the voucher so looks like we are on a good road to some resolution here.  

While reviewing the landlord registration forms, I saw a remark stating that if the property owner does not live in the same county as the property location, the owner must choose an in-county representative to receive official documentation on their behalf.

You are allowed to receive rental income on second/vacation mortgages. 

I just received a message from my previous property manager for a rental condo I have in Orlando.

Liability claims typically arise as a result of property damage, human injury, or human death.

There are a very select few who will allow use of the entire lease or a percentage of the difference if the leases have been in effect and you can show payments received for at least 3 months...