Also, as Jason Hartman says, inflation helps you pay off fixed rate debt as you pay it back with "worth-less"dollars over time--basically benefiting from a non-inflation adjusted, original purchase price in the distant past.To Your Success!

Reinvestment/Expansion (10-20% of Income)Rule of Thumb: Allocate 10-20% of your income towards reinvestment in your business or properties.Why: This fund can be used for purchasing new properties, business expansion, or other growth opportunities, ensuring continued business development.Summary Breakdown:Mortgage Payments: 25-30%Operating Expenses: 30-35%Emergency Fund: 5-10%Capital Expenditures: 10-15%Paying Yourself: 10-15%Reinvestment/Expansion: 10-20%Adjust these percentages based on your specific circumstances, risk tolerance, and business goals.

It is more important now more than ever to have a transparent working relationship with a real estate agent who can listen to your wants and needs, adjust accordingly and negotiate effectively on your behalf. 

Also any losses from Y will flow into Parent Holding X for tax purposes and such losses will be adjusted towards active income.7) Use a revocable trust to replace us in the ownership chain to avoid probate issues and easy inheritance to our kids.

Unless you know the previous hosts, I’d much rather vet guests using my own criteria and pricing adjustments.  

To add to what @Caleb Brown said, there are going to be times when you are not going to find similar comps and you might have to adjust based on the comps you have available.

Jonathan,It depends on a few things if the 7/1 ARM is close to adjusting/recasting I would simply refinance into a 30 year fixed.

I have been managing manually as my property manager was doing it for me until last year, but now I manage the properties and I started using Stessa.

We have to manually log the issue/damage, then enter each bill once we've done the work, then we have to track whether the tenants reimbursed us or not, then we have to pull together the water bills from another expense tracking sheet, and then re-organize everything per property or per tenant to be able to generate a summary report (which we are required to provide to tenants).

Following is an answer from IRS to the question:https://www.irs.gov/pub/irs-wd/0721013.pdfIn summary, it is an adjustment to the purchase price of the home and generally is not includible in agross income.