I bet your insurance and taxes went up more than 3%. 

We have one this coming Saturday so hopefully you can make it out, here is a link:  https://www.biggerpockets.com/forums/521/topics/1177645-tax-...What brought you to Chicago from Dallas? 

Hopefully I didn't misquote them.LLC: Liability protection and potential tax benefits.

Need more tax shelters? 

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

@Mitrah Rasti the deed and loan are separate issues.Your partner should be able Quit Claim her ownership to you without triggering the lender's due on sale clause - as one of the lendees (you) will still be on the deed.You should check with your local municipality to make sure how this may impact your property taxes.You should also check with a tax professional to see if there will be any income tax impacts of the Quit Claim.Lastly, NONE of this will remove your partner's name from the loan.

You’ll still owe taxes on rental income.

You can deduct taxes on the interest that you have paid on your mortgage in Mexico.Cons: 1.

Following the 4% rule, $2M invested conservatively is like $80k before taxes.

a lot of times the numbers in those lower cost areas will look great on paper... and then 10 years of cash flow will get consumed by capex, vacancy, turnover, tax increases.