After you own it, you inform the tenant their month to month lease is not being renewed, according to your State regulations, or cask for keys if they cooperate.

@Michael Lauther - I am definitely fortunate that my investing has been going well :) Great point that price point and my objectives will govern my investing.

According the "Regulations of the Real Estate Commissioner", item number 2773 states "A real estate broker or salesperson, when engaging in acts for which a license is required, shall disclose its, his or her eight (8) digit real estate license identification number on all solicitation materials intended to be the first point of contact with consumers."

Aslo no watchdog is in effect by the government, which i beleive is because all the people with the money and the power quickly shut down because they have the funds to do so.

Signs in Cookeville, TN are regulated by Cookeville Zoning Code Section 207.It says this early on:SECTION 207.2 SIGN PERMIT REQUIREDFor all signs allowed in any residential, commercial or industrial zoning district as shown on the Official Zoning Map of the City of Cookeville, Tennessee or with any residential, commercial or industrial use, the following regulations unless otherwise noted herein shall apply:Then it later has this exceception:207.4C Real estate signs during the time the property on which the sign is located is listed for sale, lease or auction.

Ah, government efficiency at it's finest!

It is currently rented but I will love to find a creative way to get rid of both of this properties.What makes the exit hard, is the current economic situation of Puerto Rico, Government Bonds were classified as Junk bonds and most of the people in the Puerto Rico are employed by the Government.The current trend is a sharp decrease in population and unemployment well above the double digits.

Hi - I am a government lawyer in Washington D.C. where I work on national security and civil liberties issues.

Based on the Proposed Treasury Regulations section 1.1402(a)-2(h)(2), there is a strategy that will effectively reduce your self employment tax up to $60,000 - $70,000 with your wife as a limited partner.

I would personally like to pay tax on income instead of getting a deduction- there is also a point that if you make too much the government says you lose the deduction but it could be carried and used another year your incomeIs lower......