BTW: loved your "Top 5 Notes Predictions for 2020" podcastYes, I forgot that banks often don't want to bother with subprime loans that involve lower priced properties (which admittedly are becoming rarer every day). 

Hello, I’m starting to analyze deals everyday and came to the problem of calculating expenses on multi family.

In the past, downturns like this had to do with the market, not health and how you live your everyday life.

I would like to get this information on a monthly basis or even more frequently, if possible.

You need to understand how to use it on a daily basis: proper resolutions, annual meetings, banking accounts and accounting practice.

@Marisa Alvarez I’m in Clearwater also, we have a ton of rentals on the market and get continuous calls everyday.

@Kiera Underwood spends all day every day having this conversation.

We visit on a regular basis and then rent it out as a vacation rental when we are not there.

Eventually when you pass away your beneficiaries receive a step up in basis which means they aren't responsible for the tax liability that you've deferred over your lifetime.

If you later sell the investment property would the basis of the cost of the property be the loan vs the sale price or the original purchase price plus improvements?