As I work through some of the IRS worksheets, I am wondering whether it is normal that there is a difference in the fraction of depreciation one takes on a rental property that was only rented for part of the year, and for deductible expenses incurred during that same year, if the property was idle for a period of time.For example, if I rented out an apartment for the first eight months, then the apartment was vacant for the remainder of the year (needed some work that I did not have time for), would I be able to claim 100% of the depreciation, but only 2/3 of the deductible expenses for that year ?

Hopefully for their good, the realtor is claiming all the income on his taxes.

Maraijuana farmers brought jobs back to the area, but with the shift from recreational from medical is a major transition and most of the farmers out here whent back to the black market.

.- You may have a risk of a litigation after buying on your hands, IF a homeowner claims a wrongful foreclosure or similar dispute with the lender.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

Hello @Shabreya Bangura - I won't claim "best", but I've closed both business and personal (Purchase, Refi and HELOC) loans with M&F Bank and United Community Bank (formerly Four Oaks Bank) in Raleigh.

It was a pretty straight forward breach of contract claim.

My questions are:Would we be able to claim residency in the state of Ohio while living in CT full time with an established LLC here?

Conservators can act as a power of attorney agent, with the capability to make certain medical and financial decisions.)  

So if you take $50,000 out of property A to buy property B, you claim interest on the $50K on property B - even though the loan is against property A.It is even more convoluted when you live in the property.