Hi for those of you that live in a multi unit (1-4 units)  I was wondering how you take the owner exempt cap gains writeoff ?

Also second questions: in future if I decide to move into the SFR in lets say 3 years then I live in it for another 2-3 years could I then resell that with owner occ exemtpion on capital gains of $250k. 

Those will give you the biggest tax benefits and capital to lower your monthly expenses.

I can do the PM on there eventually, but I'm still kind of a noob looking to gain experience before scaling.

A practice of nickel-and-diming me to death will not have great benefit for them because it will generally not result in handing me the short end of the stick, but also reduce their share of the rental income.

A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of caution for those of you who are new to the game and those of you who have been around for a while.

Between the annual reports and filing fees, and also the overhead necessary to maintain separation of assets so the corporate veil isn't pierced, the cost-benefit just might not be there.Might make the most financial sense (and most streamlined) to run her as a sole proprietor (Sch C) and carry appropriate and adequate insurance, which you should be doing anyway with an LLC. 

She was always exploiting her age for her benefit, because that ***** knew that she could hit me and likely nothing would happen to her but if I hit her guaranteed trouble for me. 

It would appear to me that, on the contrary, IRR is a great tool (but not the only one) to assess an opportunity as a whole as it benefits from many advantages: it values time and takes into account leverage, cash flow, debt repayment, inflation, appreciation, etc..Regarding the second mistake, indeed for a certain initial equity, the size of the investment is significantly different.

The real experience is gained by making mistakes and LEARNING from them how to interact with Clients.