Could use some guidance on how to divide the business, taxes, and payouts.

So I'm wondering if I maybe messed up when it comes to accounting and taxes while rehabbing a house to rent.

Hi Mandeep,The 100 sq. ft. of exclusive landlord space could be utilized in a Business Use of Home deduction on your personal tax return, accounting for 10% of your home expenses.

The purpose of course, is to save for retirement in either a deferred or tax free account. 

Look up local ordinances, laws, taxes, and insurance.

As to your primary residence exemption, if you don't live there and you claim primary residence exemption that would be tax fraud.

That will provide you with confidence knowing there are no taxes owned or unpaid liens.I have worked with Lucia Rushton in DFW multiple times who can great agent and it is well worth using her to avoid painful mistakes! 

So if a first closing has not occurred yet, then even a legitimate sponsor has no obligation to register (and so most won't and nothing will show up).

A 50 unit building has one property tax bill and one insurance bill.

. -- For me, if you ask any legitimate operator out there, if they tell you they have money falling from the sky, that would be shocking.