I’m in Baton Rouge and specialize in single family (as an investor and agent), so let me know if you’d like some information on appropriate neighborhoods etc.

Instead, the appropriate response would be to direct them to only communicate with your attorney.

Howdy all, I just acquired a duplex here in Austin, Texas and I'm trying to set up my books where I'm keeping track of things appropriately.

When you as a parent want to pass your estate to a child it is important to be mindful of the intent and whether or not the child has the capabilities, maturity, and responsibility for dealing with both the current tax implications as well as long-term family involvement with how funds are handled.The following questions need to be asked in determining if this is an appropriate move: Do you anticipate your child always wanting your help?

If using an excellent agent, the agent will be able to advise you on the most cost effective and appropriate way to get the home on the market and receive top dollar.

The challenge with that is pricing appropriately to take into consideration rising insurance, maintenance, and capital improvements.

Another issue is a large majority of the properties have an HOA fee and I am having difficulty on assessing the appropriate dollar amounts for CAPex, Maintenance, Insurance, etc. with the property being a condo.

If you are not local, I would be more concerned with finding a property manager who is willing to take on that area and appropriately manage it.

However, in this case, 24K BTU is undersized for this space and 36K BTU ranges from appropriate to slightly large. 

The more concerning/appropriate considerations are, do I need to sell our current buildings and do a 1031 Exchange?