Best to put the money into a trust account (or escrow account) for that purpose.

You can also look into CPA's who are not local to you, there are many accountants who have clients in all 50 states.

Everyone has a different perception on the different asset classes.Just depends on how you where born and bread 🤷🏻Someone living in Beverly Hills would call my "B class" a "Z Class" lolI consider B class in Toledo to be as follows:1) Good infrastructure supporting home owner and tenant demand (Schools, colleges, hospitals, medical centers, larger employers, etc...)2) Employed tenants that are sophisticated enough to pay rent online.3) Well kept yards, no bordered up homes, pride of ownership in the community.4) Mix of home owners and investor owned (Leaning more toward home owners)5) Lower crime rates and some upside potential from an appreciation standpoint.6) Entry sub $100,000 with 8-10% net returns on cash investments.Every market has different numbers and cashflow expectations Much success

(Some properties have negative cap accounts at this point.) 

@Tom SehonI recommend finding an accountant that specializes in real estate taxation.

Account Closed Thank you🙏

The creditor could object if they are not taken care of in the plan according to their filed proof of claim (They filed an accounting with the court stating what is owed).

I am getting only 1.5% returns without taking into account the equity building portion.Mortgage tax write off is 0 as I currently pay mortgage on my primary residence.I have used this property as my primary home for 2 years in last 5 years.

Account Closed -  I would ask for the Prelim Title Report.

Hey Joeseph,In terms of ADU's the city should have some information available online with regards to this, whether it be construction of a new one or conversion of an existing dwelling.