Delinquent HOA assessment not paid by the foreclosed owner is a common problem that becomes the burden of the new Buyer, who has to settle with the HOA.Do the (sometimes) excessive HOA back dues increase the Cost Basis of the property that can be written off against ordinary gains or does it expense out (as passive income) on IRS Schedule E?

Airdna is a joke just do your own market research by obsessing on AirBnB and remember this is not passive.

Have my mother sell me the house (This would probably cause my mom to have tax issues, with capital gain)?

Hey Michelle have you thought about selling and then passively investing out of state?

I know the house hacking concept but we rent in a really nice neighborhood and we have no plans for buying primary residence, I was want to start rentals buy and hold for passive income later refi and get the next one ans so on....

Sometimes this approach can gain the respect from others with how you addressed the situation because they know you could have just filed the complaint with no warning. 

We are a 2 salary family with two young boys, and I’m wanting to invest for passive income and build a portfolio that could be passed to them someday.

Since then, the tenant has filed for bankruptcy, which has ceased all action to gain possession and evict through general session court.

Now I do both more passive (syndications) and more active investments with large rehabs - flips and BRRRRs. 

Are the capital gains going to eat a chunk of his profit?