The purpose of this assessment would be to weed out PITA tenants and other types of tenants that cost landlords time, money and sanity.

Its only purpose is to transfer ownership of the property, not the note.

The could essentially negate all cash flow for tax purposes.

You should bid what your analysis suggests is a great price for the property, keeping in mind that many of the multifamily properties in the Greater Philly area are converted older homes rather than purpose built multis, so often the utilities are co-mingled among units (water, heat, electric, gas etc), meaning you either would want to convert/separate them so tenants can pay their own, or ratio bill (which adds mores item to track and manage)

@Russell Brazil love the image...for purposes of learning and others may be wondering, the obvious difference between apples and oranges may not not translate to all of us.

Some of my clients find it more difficult for tax purposes but as long as you have an agent that can help you divide up the premium per property, it's not a big deal.- Casey

Lots of things...My wife just got a promotion that will relocate us from Pensacola to Nashville.

With an IRA, there can be no direct or indirect transactions or benefit between the IRA and a disqualified person.These programs are for one purpose, growing your tax-sheltered retirement savings in a more diversified fashion.If you are asking "How can I use my IRA to..." you are on the wrong track.

Will your promotion give you a pay bump big enough to cover this cost?

Would this work well for tax and business tracking purposes or should I set up a brand new account.