That would be a problem and you'd have to deal with easements etc.If it really can't get subdivided, maybe there's a way to treat it like 2 condos on a common piece of land?

This means likely they would need to treat the mold spores and then possibly remove the rotted drywall, flooring etc.

If you just need to spot treat, try Folex Instant Carpet Spot Remover.

So, if you are new, get involved in all the Real Estate Clubs in your area and treat them just like the grocery store...you don't have to buy everything on the shelves...but in this business your net worth is equal to your network so get out there and build your network.

The downside is that if I separate from service, that loan is due immediately and if it cannot be repaid immediately, it's a treated as a taxable event.

Should these be treated as 'cap ex' as one colleague has suggested (he says HUD so categorizes as such but I have yet to see the documentation) or merely part of ordinary operating expenses?

Read the labor laws in your state/fed as to how to treat subs or employees.

The best defense is to be extremely cognizant of which files we execute (especially those contained in untrusted or unsolicited email), ensure your system has all updates installed, and to generally treat the Internet as an untrusted medium.Hope that helps!

Here in Canada, if we just keep investing, then we don't have to pay any taxes, until a profitable sale - so we're curious about how the rental income is treated there?

@Ariana Belmonte This decision really depends on your needs and wants.From a investment point of view it would be wiser to purchase a house.Condo can have restrictions against leasing/subleasing and remolding.You may want to look into purchasing a multifamily and using a FHA loan with only 3.5% down, but you would have to list and treat this property as your primary residence and live in one of the units.