If you or the tenant are not following the terms of the lease, that party is in breach of the lease and need to be put on notice with intention to follow through on the implications of the breach. 

You might still have to file a final Form 1065 for the multimember LLC if it was active earlier in the year.

Your residents would benefit with better gym access on the road, the gym would get a little more revenue each month; and you can advertise the benefit without sacrificing square footage.Thanks, and best of luck.

Quote from @Jodi-Ann Birch: Good day, I recently purchase an investment property in Flint and need recommendations for good property managers Go to the top of BP's toolbar and click the property manager tab

When I have done that in the past, we had a purchase agreement written up by a lawyer and the seller reviewed.

@Teahjsia Frazier one of the best ways to build a portfolio is to do owner-occupied transactions so you can put down as little as 3.5-5%.If you're single, house-hack by renting out all the other bedrooms - even live in the basement and rent out all the bedrooms to generate as much cashflow as possible.

You may discover the tenant can't afford the increase.

I purchase properties in need of work and put sweat equity into them by doing a majority of repairs myself and then follow BRRR strategy.

In order to defer all of the tax you must purchase at least as much as your net sale, and use all of the proceeds in your exchange.

They both left on the 7th.