Good luck. haha i would run away from anyone self-proclaiming as "financial expert" with the expectation to "meet the guru / mentor/coach / master of all business" in his/her personal residence lol I have not google him yet but I bet he is taking picture in front of luxury house and driving sports car ?

Poor wording in the original post.I emailed the CPA and said that the advise does not seem to be correct and received the following response:"Forming an LLC alone doesn't automatically turn passive losses into active losses.

If there are significant developments planned in the area, such as big companies opening, new apartment complexes, hospitals, or malls, it could actually be a brilliant idea to buy properties, even if there’s currently no cash flow.Just something to think about before dismissing it as a poor investment to hold onto.

Now he uses property managers and I would bet dollars to donuts those professionals aren't offering cash for keys.I have 15 years experience managing 400 rentals and I have never offered cash for keys.

Then your best bet is to add a second stair, make several duplexes or, if possible, see if there are any unique Code exceptions to allow a single stair to be the means of egress.

Depending on what your daughter paid she may also owe capital gains because now she is selling the house for $215 instead of $184.Subject to is probably a better bet for you.

And when you say China is dependent on west for resources, is resource poor.....

They are definitely that type - their excuses are always poorly-reasoned, convenient, and kind of dismissive to be honest.

For appreciation, Columbus is your best bet.

I bet on the DST people to at least break even and give me cash flow.