The interest expense is separately disclosed on each partner’s Schedule K-1, deductibility depends on how each partner uses the proceeds.

My handyman has been hard to work with on this and when I told him not to proceed until I could consider the costs, he said he already submitted a permit request and if it is approved I will need to pay him the $1,500.

However if you ever have to take the tenant to court you will have a bigger problem.

In most cases, if someone discovers you're serious about taking this through the court system, they'll try to get things resolved without having something on their background.

The interest expense should follow the use of the proceeds not how the debt is secured.

I have identified a pair of duplexes for my 1031 exchange proceeds to go towards.

I did push back and requested to lower my cap down to 3k, also adding a timeframe to this otherwise I can walk out of deal, also requested a NFA from city in order to proceed.

I get a lawyer, demand that the partners buy me out and repay all my money plus the embezzled amount plus the appreciation, win in court and move on to the next investment.

I inherited her when I bought the house and later realized she was playing games with the other landlord other landlord didn't tell me about this until after I closed. she's now playing similar game with me and seems like the courts system is helping her to do this.

Condo located in a resort stile community with pool, lake side gazebo, racquet ball and tennis courts with a state of the art fitness center.