Circuit breakers and the emergency switch sometimes end up in the off position (also possible for systems with a pilot flame).

A good CPA is a strategic partner who can help you do things correctly (to avoid penalties, surprises, and even jail) and maximize your cash flow in ways you may not be aware of.Yes, you'll likely need to pay taxes in Ohio.

Hello guys,I am trying to figure out if Renting out my primary home of 10yrs is a good decision or not at a $400 positive cash flow.The home has a mtg of $600 and rent for the tenant in mind will be $1000.

Borrowers are more accountable.In some entities, a member or stockholder may have an equity position attached to assets, rights to employee contributions, pay, benefits or internal arrangements that may limit the ability to liquidate assets or attach accounts, such arrangements are generally provided among those having a major or significant interest.

Feel free to add or correct detail as needed.Subject property has a 1st position mortgage which is in default.

I will also add that your lenders must be very, very green to have agreed to be in a lender position with such a high LTV and that many senior liens above them.I would advise that you clean this up and have a reasonably LTV and not 9 deeds of trust against it.

Putting yourself in a position where you are living paycheck to paycheck is a very dangerous angle.

Your time extracting the data from public record and updating it would create a position.

OC is probably not the best place to invest as buy and hold, you can't get positive cash flow here.

The housing market could crash again, but you would be in a position to ride it out if your properties were generating positive cash-flow.