I'd like to get some tax advantages off the property, either by putting it in my companies name, getting some sort of "gift" value from it, etc...I didnt know if I should tell them to buy the house they want, put it in my company name, and then I can take a loss off the "rent" that they dont pay the first few years?

This resulted in the tenant having to pay "additional rent" of $150 each month ($75 loss to them in early payment discount and $75 for having to post to pay or vacate).

Though screens can tear easily under the weight of a child, every little bit helps.Might also be for health reasons as well to keep flying insects out which might carry disease or might be a nuisance or an annoyance.My $0.02...

This type of realtor is worth his/her weight in gold and can sidestep any landmines, especially in your first deal.

I understand that the mortgage payment isn't technically an operating expense, but you still have to account for it if you wanna know your profits/losses.  

Or if the 2nd floor tenants are actually unreasonably noisy, send them a warning letter and then if no change, ask them to leave.That said, if you want to placate the first floor tenants you could have an "energy audit" by RISE Engineering where they look at the house especially in terms of heat loss and come up with a proposal to add insulation and other energy-saving features (and give you free LED light bulbs :).I'm not saying that insulation is the same as sound proofing at all.

We hope that with help of this forum and community, we will minimize our losses and maximize our gains.Our plan is to payoff our home and begin investing at the same time.

Becoming an AU on someone else's card can help as well, but it's weighted less heavily now by some agencies than it was in the past. 

Forcing someone to take a loss on a property;3.

My question is; I am looking to by a commercial property 10 unit apartment, but the seller does not have a profit or loss statement and is not willing to go back and do her books, she does have 3 year tax statement.