This comes with some other ramifications around legal liability and the ability to get a mortgage on the property.The other way to fix this is to create an LLC now, and both you and your MIL contribute the current properties into the LLC, then the LLC 1031 exchanges the old properties into the new property.

Thanks.Hey Lance, I can go look and measure the footage and give you pricing.

And what are you using to help optimize the SEO? 

I own and manage mostly class B and B+ single family homes and condos, but I have heard that evictions have ticked up in class C, that’s one of the problems with chasing cash flow is getting into class C and dealing with a tenants that are not as well qualified and higher risk of default to begin with.

Realtor in Maryland and Delaware.

Renting the garage brings income and partial tax deductions for expenses but adds complexity.

And if they all add up to zero, you’ll earn 0.038% on your money  Or you could put the $125k in the bank and earn a government guaranteed $520/mo.

We are currently in the process of Renovating this home built in 1965 and plan to have completely transformed it by spring 2025.

I have someone applying to my property, and they are here in the US on a work Visa.

My wife and I own four units and we’re making the jump to double digits.