Keep the 50% Rule in mind: about half of the rent will go toward non-mortgage expenses, when you average all expenses over time.

Maybe there was a fluke or miscommunication, but mistakes can be expensive.

It will simply overwrite your original return.You can claim all the regular rental expenses that you mentioned.

With a seating capacity of 10,600 and average attendance of fewer than 7,000, filling the park doesn't seem a concern.

Just a couple of lots down from an intersection that averages approx. 30k vehicles per day.

Hey Justin, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Rent: $4,250/ moMonthly expenses (including management): -$600Monthly Mortgage/ taxes/ insurance etc: -$2,550thanks

It's a big selling expense. 

This enables you to stay in the duplex while accruing savings and keeping your own living expenses lower.

Let's compare a $250,000,0 loan today versus two years ago.In America, the average person has a credit score of around 715 you’re looking at around 6.6% on a conventional 30 year loan.