Travel expenses related to the management of income-producing property are certainly deductible.

I have invested in others' houses and farms, helped other people get their loans and invested in income producing properties.Buying from homeowners with and without Realtors, Auctions, Bank REOs and Tax Deed Sales!

We tried to do these and out title company said that if we already transfer title to the trust there is no more closing and they can't produce a HUD to the bank.

The inspector's job is to produce a report to the buyer, and to inform the buyer regarding the inspector's findings on the property, from which the buyer can then base a decision on how to proceed on the planned purchase.I try to accompany any buyer's inspector, because I already know my property has passed the Certificate of Occupancy inspections - and I let the inspector know that it has already passed, so that there is IMO nothing left to do!

In fact, they "stopped" producing Air conditioners for awhile because it was forbidden by law, until they found a loophole and that they could ship them(or manufacture them) in the us if they were filled with nitrogen, instead of R22.

On top of that you have to figure out the cost of your $13k not growing or not being used to produce more money somewhere else due to the fact that you used them for this.

If the property mortgaged is business or income-producing property, you can amortize the costs over the life of the mortgage.

If your end goal is to own stable income-producing rental properties then why don't you start off with turnkey properties from the beginning as I see many great opportunities around the country today.Just curious if you're questioning your motives and if you got a plan

Many go on to get their license, but do better helping a producer than they can on their own.

Any of these configurations would produce about the same amount in rent, maybe $100 more as a 5 unit than a 4.