There are some limits on the amount of depreciation that you can deduct for a short-term rental property based on the number of days that the property is rented out each year.

You can continue deducting mortgage interest and depreciation if the property is owned by an LLC.If the LLC is multi-member, your share will be based on what the LLC agreement says.

They may have to pay 60k in cap gains (based on 20% cap gains rate). 

Along with the same client is building a small resort on one of the Islands. to me the pros are things are based on english law and english is the language of the country.for us where at our age health care is important I would not choose to live there as an x pat.

You are bidding based on still owing that amount. depending on the state you need to know what is superior and inferior. think about it this way, you are marrying a person with kids from a prior relationship - those kids do not go away, you are taking them as well.2.

The Rental Property Association of Wisconsin is a Milwaukee based non-profit for landlords.

U have net worth based on what you write down as retail values..

@Allison Zittritsch whether STR, MTR or LTR, you'll first need to figure out a target purchase price and get pre-approved by a lender.Then you'll need to research where to buy, based upon rents versus purchase prices.We can assist with referrals, PM us.

You need to understand the market, the tenant base and how these things work.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.