When deciding whether to sell the rental property or buy out your partners, consider factors such as the current market value of the property, any outstanding mortgage or debts on the property, the potential for appreciation in the future, and the rental income generated by the property.Calculate the amount you would need to buy out your partners and compare it to the potential profit you could make by selling the property.

Question is will this state income tax lien survive the foreclosure?

Then the lender will generally count 75% of the rental income towards your qualifications.2.

Hi Alex,As for conventional cash out refinance, assuming you will use full documented programs, your rates and terms will be largely dependent on your credit, income, DTI and equity.

The group the will be hurt the most is buyers, especially low income buyers.

I'm trying to come up with some income estimates to start analyzing properties.

So, the profits (generically, sales price minus cost basis or prucahse price) are taxed as ordinary income also subject to self employment tax.Sale of an investment property, i.e. one that was rented, is considered capital gains.It is your intent of the property that signifies which taxation applies. 

@Amy Hu I am in the same boat as you, no passive losses because my income is too high. 

Let's break down the numbers for the multifamily property you're considering in Chicago:The multifamily property in Chicago is a potential investment opportunity with a purchase price of $580,000 and a monthly rental income of $4,200.

Quote from @Robert Rixer:  Have you heard of the installment method of income tax accounting.?