Are you utilizing any cost segregation studies/real estate professional status to lower the taxable income?

This would allow you to keep the property in your portfolio and generate ongoing income.From a tax perspective, holding onto the property as a rental would let you take advantage of depreciation, which could reduce your taxable income.

I was fooled by their cheaper price too, but totally not worth it!!!

However, this doesn’t seem right to me because there is no taxable gain or depreciation recapture.

Electrical wiring is a push, with the sheathing better but the wires cheaper and thinner.

Just from my observations it seems apartments can go for cheaper than a SFH.

I currently live in Rome, and have met so many people who have moved from Atlanta/Marietta/Kennesaw area because the housing is significantly cheaper in Rome than those locations.

-One of the cheaper options I have found is TaxAct Business ($140 + states), and TurboTax Small Business ($739 + states).The issue I am potentially running into, and I am not sure if the online software's mentioned above can handle (they won't tell me unless I pay for advice), is figuring out how to make sure the losses/initial capital contributions are reflected on my K-1 and not my business partner, since I made 100% of the contribution.

In cheaper markets it is more common to rent LTR (from what I can see, that's why the prices are lower).

You can’t do repairs, you can’t stay there, any violations will be the same as a 100% taxable withdraw.