A buddy of mine Patrick runs the new investor subgroup of the AZREIA (Arizona Real Estate Investors Association).Next meet up for that group is May 7th at 6pm in the Keller Williams building located at:1745 E.

The purpose of line 2 on schedule E is to determine the split between rental and personal.

Thanks for pointing this out, @Stanley Nguyen.I will check this issue.I did not sign up in their portal, I filled registration forms and sent them via e-mail.Have you tried that?

If I understand correctly, the tenant has not yet moved out, has properly noticed lease termination at the end of April, and has not paid April's rent.

With a proper engineer based cost segregation study, you can accelerate that amount of depreciation, which is now eligible for 50% or 100% Bonus depreciation.

When our tech added the Freon, the AC began to work properly but quickly broke again and we noticed a leak.

Good evening BP, I started a new LLC for my buy and hold properties and I'm trying to figure out how I should "properly" fund it.

Good evening BP,I started a new LLC for my buy and hold properties and I'm trying to figure out how I should "properly" fund it.

Will the Rehab that you have effectively done make up for a market correction thus allowing you to pull equity from the property to properly Repeat the process or do you just have to wait for the market to bounce back before you can refinance?

You will want to ensure that title is recorded properly to avoid title / probate problems in the future.