You don't want to be starting this process over on August 1.Second, the New Mexico court will award you monetary damages for your unpaid rents, court costs, etc.

There are a few additional costs when buying a FIG unit, but the benefits way out-weigh the costs and so far all my clients have been very happy with their purchases.Hopefully that helped.Merry Christmas!!

You can "generate" it if you purchase, either yourself or with others (e.g. syndication), a large property and do a cost segregation. 

On a positive there are 15-20-30 year amortizations and increasing income qualifications including instant approval and AVM (no appraisal requirements) for very clean applicants, and creative documentation for self-employed borrowers or investors such as bank statements or even DSCR (usually up to 75%LTV) for investment properties. 

Hello,Does anyone know if you can take a tax deduction for closing costs on the purchase of a rental property? 

.- Monthly cash flow from day one- More properties that are fully separated metered -- gas, electric, hot water all metered for individual units- Significant increase in property management -- evictions, late rent not because somebody simply forgot to press "send," potential domestic issues, issues between tenants, etc.

($445,000-407,000)/407,000 = 9.3% increase. 

An insane increase in lawsuits by individuals looking to target high asset individuals (investors) and extract assets from them by lawsuits.

We are now seeking advice on how to protect our assets while owning the properties in our own names, without incurring excessive costs that could lead to negative cash flow.We are open to exploring creative solutions that strike a balance between asset protection and financial stability.

Also, stop trying to charge tenants for the costs to maintain your own property.