@Byran HyattProper planning prior of the trip is required for the possibility of the trip to be a deduction.

There is a strict timeframe to name the property you will be replacing your current property with, and if you do not have this all lined up prior to selling your property, you risk the 1031 exchange failing.

many insurance policies wont cover U for loss if the home is vacant more than 60 to 90 days..

If they meet your basic requirements but you failed to rent to them because you were holding out for someone better, it will look like you were holding out for someone whiter, or without kids, or not Jewish, or whatever.If you have two applications processed at the same time, it's justifiable to choose the "best" applicant but you need to ensure you can prove your decision objectively.The best, most professional policy is to have qualification standards and accept the first applicant that meets those standards.

We are replacing the kitchen in back house right now, prior to first tenant.

The property required getting a trust certificate made by the trustee, paying cash for the properties prior to the tax sale and now were are working on obtaining a forced easement to gain access to the main road.

Some properties you can see prior to auction, some not.

Make sure you have legally binding contracts drawn up if you do invest with your boyfriend prior to getting married so both parties are protected.

Certainly wouldn't be the first time an auctioneer attempted to sell a property that was subject to a prior sale.No way I would close on this without owners title insurance.

My questions how much rent coverage should my policy have?