No, such jobs really do exist. with 100 units, you'll be working your tail off.Try it, if you hate yourself you'll like it.Tips, approach with a really laid back personality, think before jumping.You'll be a social worker, don't take problems of others seriously.Manage your maintenance people with kid gloves but be stern.Set office hours and stick to them, put a sign on your apt. door to take up issues during office hours.Get a recorder to answer you phone in your off time and screen your calls.Set policy and stick to it, administer them fairly and equally.There should be an apt managers association in your area, join and network.Learn the eviction process and follow it to the letter, don't waste your attorney's time.Smile a lot.

We all know this is the type of social problems we have where sometimes good intentions result in bad consequences.

., non-accounting) way, tax implications and depreciation are generally not included.What many real estate investors do is factor in tax implications after they determine cash flow, and then generate another return measure that includes the tax implications.

Actually paying yourself for the work and then including it on Schedule C is just COSTING you more money as you will be paying both halves of Social Security and Medicare.

That doesn't mean you can't be both because being both is the best of both worlds, but some different tax implications along the way.

There's usually some problem if they will.Is the agent representing the sellers, or just you, and do you know if the sellers understand the implications/risks of a sub 2?

If I purchase a forclosure as my primary residence, what does the IRS consider the purchase price to be - in consideration of calculating capital gains - upon future sale; the below market value price I paid or th...

Consider too that his statements were made by a person that was raised with the advice to "get a good paying job at a large corporation with a pension" work there for 40+ years, then retire and collect on your pension and social security.

I wanted to know what would be the best approach to minimize the tax implications on a wholesale deal.

i know if you rent it there are taxes on rental income...i know if you sell it there will be a capital gains tax...i know that when you assume the title there are transfer taxes at closing...but if you get gifted a small property with some equity (less then 30k) are you liable for any tax implications by just by assuming ownership???