You have made great points.

But this was my first fix and flip and thankfully I didn't lose anything on the project.What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

I have a tax question regarding how to report my rental income when my tenant made and paid for improvements and I am reimbursing them by lowering their monthly rent. 

What made you interested in investing in this type of deal?

New siding shingles can be purchased that are made of non-asbestos material to replace any original ones that are damaged and they are easy to paint - we do that for cosmetic purposes but we don't replace or encapsulate the entire house.That said, I would talk to your Realtor to determine if there are any Michigan-specific rules/regs regarding asbestos siding.

She is excited to share some of her experience in order to help investors and property owners maximize their investment potential, and also regain some of their most valuable asset back - their time.

The decision to allow these losses or to block them is made at the personal level, for each of you separately.

I was looking to convert that into a self directed IRA.Does anyone have recommendations of service providers I can reach out to in order to set that up? 

Recently, I have made the decision to wholeheartedly commit myself to this journey.My current plan is to invest in a multifamily home for house hacking in my local area or perhaps a single-family property with an unattached garage or basement that I can convert into an Additional Dwelling Unit .