You would need to document your hours along with the hours of anyone else.Do you plan to pay this 'co-host'.If you list that as an expense on the return it would likely turn as a flag in the event that you get audited.Best of luck.

The investor may even loose their cash input and the owner sues for fraud and they get the house back, now their arears paid off.   

I'm doing that with my cabins in the Smokies, but I own those, you're not going to find one to rent long-term.Moving furniture is expensive, especially long distance.  

Lots of pockets showing high demand and infrastructure growth. 43609 is getting better and better and even too expensive in some parts…Further East of 43611 is turning43610 has nice streets 43605 border of Oregon and heart of Birmingham are great 43607 Scott Park is very interesting and use to be rough.

ok, so I have paid a lot of money for guru training over the past 3 years.

versus a new property with it's income/debt load.Other considerations might be if that property you own is at a great risk for capital expense that can create a real urgency to sell and 1031 before the capital expense hits.

I do flips in different states and countries, so it makes it more difficult to keep an eye on the properties but sharing all the lessons I've learnt the hard, and expensive way.  

I am currently running ads to rent out the entire property and will be able to bring in $500-$800 in cash flow after all property expenses and have received multiple application requests.

Hi Jason, do you have numbers on what they paid for soot cleanup, wall repainting, etc.

What is they don't sell the house, how will you get paid?