The $1500 operating expenses are things like taxes, insurance, management (even if you do it yourself), maintenance, advertising, office expenses, utilities (even if only during vacancies), legal fees, evictions, damage done by tenants in excess of the security deposit, etc, etc, etc.

If you do fax out a lot, re-examine your business system to see if you can fax out directly from your computer. 3.

Is that legal since I wouldn't actually have the title even though title wouldn't transfer right away. 2.

Put in your bank account and routing number so the funds come to your account.Disburse the funds accordingly to whatever was agreed upon between all parties.Its more work but it can increase your income per transaction.And yes its all legal.

But, assuming it's legal...You can always sue them in small claims court if they do try some kind of pressure situation at lease signing using the holding deposit.

If you're down on your luck we'll help, but not forever.I want a party that makes illicit drugs legal, something you can buy at the ABC store.

Not at all what you asked for, but I use another forum also, a legal questions forum.

Rental properties get deductions for any actual expenses, like taxes, insurance, maintenance, property management, legal fees, tenant damage over the security deposits, etc., etc.

Since it is your Brother, we will assume you will not incur management, administrative, eviction, legal, etc, but even without all of that, you will have the taxes, insurance and when things brake, repairs.

IMO I think you would have to review both pre and post tax benefits/deteriments as taxes are part of every (legal) financial deal.