Sarah's a qualified Accountant and has always dealt with our tax affairs, in the US and in the UK, so it makes total sense for us to take back control...

Nevada landlord friendly, low taxes, strong job and population growth with Tesla, Google, Apple in the area.

If your not paying tax's not sure what additional write offs are going to do for U..

It was listing my team had that started out at $285,000 - price kept coming down so it interested me and I am building my passive income portfolio - this has cash flow of approx $1000 / mo after the mortgage and before taxes and insuranace.

Unfortunately the barrier for entry into a lower-end home is about $1 million now, and property taxes are low (likely less than $5k).I currently have a financed home with about ~250k in equity (2% interest rate), and we have about ~220k in cash. 

Multiple billion dollar companies are investing into our area, such as Intel, Google, and Amazon, due to reasons such as lower costs on land, great tax abatement opportunities, and an attractive cost of living for employees. 

Here's my question: Do I qualify for a tax deduction considering the substantial loss on the property? 

Taxes and insurance matter as well, but at least based on the rents, it sounds like a good deal.

Quick question, I’m in California and will have a sizable, capital gains tax bill owed to the IRS and the state of California in the near future. my question is how quickly does the capital gains tax liability need to be paid?

The best thing about Stessa is that you can create a tax reporting package at the end of the year to send to your accountant without having to dig through receipts.