Total fines for him was $1500 plus mandatory ethics and finance training in order to keep his license, and $1000 on his broker for improper supervision.

I opted for a flat fee brokerage instead because keeping my commission was more important to me.

Try to keep it cordial and you might have the right solution.

Were you able to keep it as is or did you have to remediate it? 

A few rules to keep in mind as you get started: - To get full tax deferral, you have to replace the full value of what you sell. 

As a real estate investor, it’s crucial that you understand when and how to utilize bonus depreciation and 1031 exchanges in order to lessen your tax burden, keeping more money in your pocket.

Property management is difficult and if the manager discounts, they will not be able to keep talented staff and you will end up with a cheap manager who can not properly service your property. 

If you lived in it less than 24 months go ahead and keep it.

In a market where it is increasingly difficult to buy real estate, where expenses are going up, and rents are trending flat or downward, what drives you to keep investing in income properties?

It’s more like most just keep going and going.