We aim for 100% occupancy, which is possible in theory if you exclude properties that go through a scheduled rehab.

EVEN IF they could find qualified candidates to hire, do you think the people of Jefferson County are going to vote to increase their ad valorem taxes so the Sheriff's department can hire more deputies to serve more eviction notices for so-called rich investors?

I know there are pros and cons to selling my primary home to my LLC but my question really goes a little deeper than just tax benefits:I am curious to know if I sell my primary home to my LLC regardless of tax benefits; and then rent it back to myself (through another LLC) … technically I don’t have a primary residence anymore so I could buy a Multifamily or Apartment complex as long as I am willing to live in one of the units correct?

I plan on reinvesting the profits into another new construction, so I'm wondering if I can do a 1031 to avoid paying the capital gains tax.  

Hello - I have a somewhat unique situation that I am unsure how to best claim on our jointly filed tax return.

Consider the cost of the property, mortgage payments, property taxes, insurance, maintenance, and property management fees (if applicable).

The IRS allows 1031 Exchanges to defer taxes on what they consider to be capital assets. 

*The taxpayer or RPE attaches a statement to the return filed for the tax year(s) the safe harbor is relied upon.If I don't meet all the 4 bullet points for Safe Harbor am I still able to take the Qualified Business Income Deduction for a profitable Rental Property?

@Katlynn TeaguePrior to any GC contract you should have a detailed scope of work, a line item schedule of valuesOut of curiosity were these contractors licensed?

Still need to get my taxes done this year for them.