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.

Moreover, there are legal reasons that you don't want people working for free.

If it's all done legally, why would they be able to sue?

I'm just assuming 50% of the rent will go to expenses (taxes, insurance, maintenance, vacancy, property management, tenant damage, legal fees, etc., etc., etc.).

The seller’s failure to insure the underlying payment is made in a timely manner will affect his credit score, not that of the buyer.There are a several legal instruments used for wrapping an existing mortgage.

Expenses are things like taxes, insurance, utilites (if you pay or during vacancies), legal expenses, CPA, maintenance, property management, tenant damage, etc.Capital items are big expenses like roofs or furnaces.