So then excitement really sat in.I have had a long day and have a surgery coming up so really wanted to get startee w LeadPropeller before surgery but got ready to log in and ugh...gives an error message.I really am excited about this but need to start on it tonight so checking to see if anyone has contact numbers for LeadPropeller?

But the inspector went to his office anyway and it was all taken care of somehow.While it's true you are responsible for all your tax returns, liable for errors on it, by having a CPA on hand allows him to explain what happened when problems occur and save you a lot of grief and even criminal liability at times.What you have, a chain of 1031's could be a challenge taxwise, if you do not know how to properly roll the tax basis for one property to another.

It doesn't sound like you have much of a nest egg, no land lording experience while needing to borrow lots of money to purchase numerous properties that will provide minimal if any positive cash flow. 

@GLENN SANTOS, There are numerous forums and blogs that have been written on this very topic on this website.

For example, Pennsylvania has numerous laws that apply when a seller sells a 1 to 4 unit property.

@Chris Mason appreciate it, apologize about the spelling error I was on my phone and entered it not knowing how to edit the post after.

*Disclaimer: Always leave plenty of room for error in your analysis!

Arrangements like the one you suggest (where the agent gets a share of the revenue or an equity split) are way outside the norm, and outside the scope of a listing agreement - you'd likely need an attorney to draft such a partnership or JV, you may need affiliated business disclosures and other documents to comply with numerous federal laws, and these are not deals a real estate agent can necessarily enter into without their broker's awareness and consent.

This will virtually always eliminate the section 8 tenant.In summary, I suspect there are numerous ways other than source of income to not select section 8 including having high end units with rents higher than FMR, using move-in date as a criteria, etc.Good luck

From there the amount is diminished until you reach 150k in income at which point you lose the ability to write off real estate investment losses against your income taxes.I went over this example numerous times before posting the question as I wanted to try and get my facts straight.