The date that is effective is the date you can use on your 2018 tax return.

I would like to propose that I raise the rent effective next pay period or they vacate by May 31.

So for example my first ever purchase was a duplex i bought for $16,000 and had $21,000 all into and rented each side for $650 and really it payed for it self over the 3 year period.

The average monthly rental is around $350 (I think, I’ll know more info after meeting with the owner.)I’ve had a few self-managed properties a few years ago, but currently don’t have any investment property.

Currently I have a 5-unit commercial apartment building and a multi-use commercial property under my belt that I also self-manage.

I do not invest my money into anything that I cannot add have an effect on.

For self employed do not require tax returns.

Thanks for any help.First off, if you have a great deal and you’re a hard worker, the money will come quicker than you can spend it.Saving money and being frugal is fine, but least effective and boring for me.

For our current (self managed) vacation rental purchase in Tahoe, we maximize furniture as that expense/loss in 1 year segregation as it can be taken against our primary income.

I agree, I also thought it wasn't cost effective to jump from one short loan to another just to wait on a better interest rate.