You could always offer a shorter lease that ends in May/June to give yourself an opportunity to find new tenants or raise the rent to market at that time.I hope this helps and if you ever need any guidance or want to chat about the process of assuming an existing loan, I would love to connect! 

When investing with a partner, you’ll each claim 50% of the depreciation and share expenses (like repairs and interest) equally, helping reduce your taxable income.

Same thing .. you can manage his properties but a Realtor's License will help you greatly .. a property manager can handle other peoples properties with a management agreement.

I also help clients throughout ND and MN.

Or a loan officer who can help get this done?

It doesn't bring the annual gross income which is huge in helping someone to decide if the deal is worth it.

Doing so will help others to not make the same mistakes and disarm scammers in certain cases.

If you have specific questions about property management, I'll be happy to help!

Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for the previous year or adjust in the year of the cost segregation study?

If i can help at all, let me know!