Hi everyone!My name is Min and I live in Bothell, WA, just North of Seattle.  Me and my wife became landlords couple years ago after we rented out our Downtown Seattle condo to buy a house in Bothell, but that's the e...

Math in my head was never my forté.

I'm headed to Ohio later this week to look at several multifamily properties for sale as part of a package deal.

I do not know the IRC section of the top of my head, but I know there is some type of exemption for business start-up costs; as long as the expenses were incurred before the business was created, and the business is actually created (something like up to $50,000).That could be something you could look into for getting started with advertisements, equipment, etc.2) With unequal time, capital and skills,  how can the profits be shared?

Wow are you in over your head?

I'm heading to the Charlotte REIA this week if you're there I'll be sure to say hello!

I mention the "not beat up" thing above so you don't get in over your head on your first project.  

Wow great start young age keep going you have great potential you learned a lot earlier and have a great head start.  

Oh and then they keep getting code control on their case ;)From chatting to the head enviro cop in our county the other week - they actually enjoy battling these types of landlords.

I did give them a heads up the day before that I would be coming so I'm assuming they made provisions to remove the dog for the day.I don't have an issue with having 2 dogs as long as the 2nd dog meets the typical qualifications I had for the first dog (breed, temperament, etc).