I looked that the 8582 form, and it seems like that is true, but I am really hoping not.

Refinancing doesn't seem like a good decision to me.

I am in Arizona/Gilbert area but the properties here are like min 500k so seems hard to find a good property.I was thinking buying a townhome at one point, would continue to find deductions I can use against taxable income.If you have other ideas let me know.

In addition, it would seem that you would lose the stepped up basis at death if you are on the title.I suggest you consult a CA profession tax consultant and possibly a CA probate lawyer.  

From what I've read in the forums, the consensus for STRs in LA seems to be "Don't do it!" 

I knew it was a risky bet as Baltimore has much crime and systemic issues they can't seem to overcome.

It seems to be using the 50% rule to determine the annual cash flow.

As someone new to selling property, I had expected to pay around $5k, so this figure seems quite high to me.Also, I've already scheduled to sign the closing documents on Monday, April, 8.

I can't seem to find anyone locally who will answer Facebook messages or phone calls.

He has been working on properties his whole life so he’s a great resource and partner on getting the work done but as this is my first purchase and reno, I am looking for a few suggestions on finishes so I can finish working out my numbers.The house was bought from a local investor who seems to have run out of money and was offloading about 3-5 properties in my area.