Factors on reserves; What's your monthly cashflow / how much do you need to live?

Ideally, if you *have* basis in your S-Corporation, you can dissolve it in the same year you distribute, thus you’ll have a cap loss to help alleviate the cap gain.Gain likely won’t be mainly ordinary if the bulk of depreciation is on the 27.5 year or 39 year lives.

Rate is 6.175% estimated mortgage is $2,900 a month.Older Property: Toano3b/2.5ba 1760 sq priced at $330KNot including any incentives but using the 6.175% rate.estimated mortgage $2,420 a monthMy current job will require me to move within the next 24 months max up to NoVA and we are looking to live around Ashburn,Va where rent is about 2.7k+. 

I currently live in New York but I am currently exploring the options of investing in a small multifamily property.

We have a great team put together in Greenville SC where we all live and this provides a great competitive advantage to us. 

If she puts up a fuss about where she will live, tell her she can shack up with one of her drunk friends.If she doesn't want to leave, then hit her with a formal notice of termination and start that process.

@Charanjit Singh I live in the area again and I am familiar with some of the locations and properties.   

I live in Texas and have one primary residence and eligible to get another property in June (1 year mark).

If you notice my posting history I am investigating purchasing my first condo in the next few months and am investigating some potential scenarios.I am looking into living in the unit for a little over 1 year and putting it up for rent either with HCV/Section 8 or finding a tenant through my brokerage(L&F) or other means. 

Chances are, the living arrangements and property use is not as it was supposed to be.If the money is good, set a lease with extra provisions for the dope house cleanup when the tenant leaves.You can't charge for the plants, but you can charge for uncommon use of the property.