I bought it for $440k iin 2009 and leased it on and off from 2017 till present for between $4000 and $5200, I sold it fior $1,100,000.  

This is where you report negative income amounts, including NOLs.Calculate the NOL Deduction: The NOL deduction allows you to carry the loss forward to future tax years to offset taxable income.

Purchased at $166k, present comps at $285kI am on the market for my next property, which is why I'm looking at forming an LLC for the original rental.

Some states have licensure requirements for private lenders including California, Oregon, Idaho, Nevada, Arizona, Virginia, Florida, the Dakotas, Vermont... that may not be an inclusive list.

Does that number include tax, insurance? 

These expenses in-clude the travel costs of getting to and from your business destination and any business-related expenses at your business destinationplease please tell me how I am wrong.  

That, or insist they amend the contract to include that language for you as a protection.

I ignore them when sellers want to include them in closing terms for houses we buy.This may have been tuition in the school of real estate investing.

Hello BP Members, My tenant took Home 365 to court and I am also included in the law suit.

If you don't include the rehab money in the loan you will end up having to being a larger down payment in most cases.