Most likely you are taking a fairly large tax loss on this property against your ordinary income.

If they say 'yes', which they always do, unless they've been evicted a few times and know how to play the game, then the eviction is granted immediately, and you're asked if you want a damages hearing, then things go from there. 

Others are slum lords that understand that game and play it well.

Hello everyone, I am a fairly newly licensed MA Realtor and am about to purchase my first multi-family property in Western Massachusetts.I’ve done some flips in the past that I’ve lived in and resold years later, but this will be my first multi family property to rent out, and I’ll be buying it cash.Without it being financed, I have some additional concerns over keeping things anonymous and ensuring that an LLC is set up properly for protection.A local real estate attorney has quoted me $1,000 to establish an LLC, in addition to the MA filing fee.

There are a lot more properties that don't last forever because they a fairly priced and realistically represented.I always try to represent my offerings in the most honest and accurate way possible.

This is your time to be selfish - sacrifice play time now while you have the time and energy so you can be selfless in your 30s and on once you have a family. 5.

This may include such things as paying the property taxes from the IRA and obtaining annual fair market values for reporting purposes.https://www.irs.gov/retirement-plans/retirement-pl...

Play it safe and budget $3/gal.

You might consider hiring an appraiser to give you a fair market value. 

Good morning bigger pockets community, the names dan and I’m a fairly new real estate investor in the Hampton Roads area , after due diligence and much research I’ve landed here at bigger pockets to further pursue my real Estate education and to further my career as an investor.