So while you may not see a gain in value over the next two years, over a 10-20 year span you would typically see excellent growth.Also unlike the last five years where operationally the operator could be awful but saved by appreciation, today it is all about the asset management.How can you reduce costs, are there ways to add amenities to increase rents.

Additionally, since the loan is in your personal name, not an LLC, there might be increased personal liability concerns.Given these complexities, you should discuss them with a tax professional.

She wants to give me her house and move into a senior citizen home@Dana N Johns: Just a couple of thoughtsTalk to a real estate knowledgeable, CPA, not to your standard CPA and not to unknown investors on some forum in the ether for a matter like this.Now, if your mother has lived in the property for two of the last five years, she is entitled to a tax break on capital gains if she sells or if the title changes hands (basically sells using creative finance).However, if you inherit the property, there is a tax advantage to you in terms of stepped up basis and capital gains and a tax advantage to her from incurring capital gains if she is outside of the “two of the last five years” window.As far as the Medicaid situation, that is best explained by a CPA or tax attorney or Enrolled agent.

We do ask for W-2's and bank statements, it's right on our website.But, to ask your PMC to do this when it's NOT part of their standard process, after you've hired them, is not going to go over well, as you are experiencing.So, you have a choice, accept their standard process, pay them extra to do as you want or take them up on their offer to terminate.

I have a genuine passion for the investment industry, particularly working with agents interested in becoming investor consultants beyond the standard real estate agent.

Larry, If I’m following your math, you need to find a way to increase your income outside of the rental property to cover the mortgage+heloc $1500 payment.

I talked to a BP agent from Yuma a while back and he says there are 30,000 a week coming through just there - that they make contact with, doesn't count the 'gotta-ways'.So my guess is that it depends on who ends up in power...if the current guys continue, I would see huge tax increases to build housing for the illegals.

- Are you digging out basement to increase clear height?

. - The lease doesn't mention anything about increasing rent, but from the payment history it looks like they did increase her rent from $650 for the past ~3 years to $725 in Jan of this year.

It probably does not fit in most standard Insurance companies Builders Risk Guidelines.