that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Disqualified persons include your fiduciary and members of your family (spouse, ancestor, lineal descendant, and any spouse of a lineal descendant).The following are examples of prohibited transactions with a traditional IRA:Borrowing money from it.Selling property to it.Receiving unreasonable compensation for managing it.Using it as security for a loan.Buying property for personal use (present or future) with IRA funds.

So yes it will reduce the taxes owed this year but it will hurt every year in the future.

With a great cleaner, our workload reduced 90%.

The one side of the house w 3 bedrooms is already ADA compliant with wide hall and doors to include community ada bath.In the next year or so, I'd like to rent out to assisted living company or the like.Any advice is greatly appreciate and anyone interested, pls let me know.Thx!

(Steadily does replacement cost which does not include depreciation).

When I've been sued, I've won.It needs to be handled and documented in Escrow with Title and include appropriate Disclosures.I couldn't care less about their credit.

Having a cleaner drop it off at a laundry mat and pick up at a later date for a cheaper per pound cost just adds more labor / steps of complexity to the process.You can add two night stay minums to reduce your cleaning and laundry costs but it drives away your opportunity for big one night pay days.

Losses, including carried forward from RE (tax form 8582) can be used to significantly offset roth conversions in early retirement if you keep income under the threshold. 

However, the cashflow is unlikely to make up for the increased equity gains, reduced vacancies, tax deductions, and other benefits that come from diversifying.I recommend you build a strong foundational understanding of real estate investing.1.