After that they could renew in increments of 5 years in exchange for rent increases of $.50 a sq ft.

When we purchased the property 5 years ago we were told only the garage was the only electricity bill we were responsible for.Which we didn't have any issues with this for the last five years.Suddenly, our first tenant called the electric company to come out to dispute her electricity bill.Now we wended up with a letter from the electric company that the foreign wiring needs to be transferred to the landlord's account.Now what? 

If it is a rental property, you can sell and defer taxes using a 1031 exchange however the amount of taxes deferred will be greater because it will be sale price minus your adjusted cost basis (purchase price minus depreciation claimed on taxes).

The range which also was new was covered in  a layer of grease and grease, food debris, and other foreign object under the cover of the range top. 

There's also been a fair amount of foreign money: like all cash foreign buyers buying properties sight unseen.

Foreign investor who had been paying cash have slowed down quite a bit.. with many buying in your area frankly and other very tough rental markets and being sold crap properties for high prices and getting totally burned.. so they are much more cautious these days. 3. now that investor loans are back on the table investors are returning to pre 08 habits of obtaining debt when they can get it so they can leverage up...

It was a good exchange and no hard feelings or issue.

They sold an AZ property and bought the current property in 1031 exchange.

.- Roll all profit from selling/re-fi into second investment property (1031 exchange).- Rinse and repeat throughout the years, drink mojitos on the beach.... lol.

If you own a property in a different state then your LLC will need to file as a foreign entity with state in which the property is located.