Outside of real estate, I enjoy bodybuilding, working on cars, and anything that keeps me physically active outdoors, which helps me remain grounded and focused.I'm looking forward to networking, exchanging ideas, and building lasting relationships in this community.

I shouldn't have to change my personality or delivery (except for some rare occurrences where I do look back and cringe because it is a little over the line) to please people or make them feel better.Criticizing tone in an online forum is preposterous.

Once you see how much it cash flows, you can divide by your total cash investment to find the cash on cash return, then make assumptions about appreciation and mortgage paydown to find your total return.  

Document every incident and move on.

The home was listed on the mls.

Will I still be able to use the $250,000 per spouse exemption on the appreciation, and how will this impact my 1031 exchange?

You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring. 

Hope this helps, and best of luck on your journey Priya!

My unit is a 2/2 in Destin, but on the North side of the highway. 

Haven’t heard of this company but most of these companies prey on people who dont spend a few minutes to search online.