Prior to this, I had 2 years of good tax returns from 1 stable job as well as my side business. 

I'll live in the least valuable room/unit, and after the rehab is complete and other rooms/units are rented, I'll cash out refinance for the ~75% LTV.

After that he agreed to transfer 3 out of the 4 assets over to my company.

Hey everyone - Wanted to confirm something before filing the taxes for my STR, which is located in Virginia.Am I able to deduct all insurance, taxes, and mortgage interest for the year if my STR was available for rent the entire year but only had renters in it for 150 nights?

The excuse the last landlord gave her was that, after meeting her, they had a 'no parakeet policy'.

If the new property has to be bought only on my husband's name, can we add it to the trust after the 1031 exchange is done?

I paid about $10,000 in property taxes last year.

Please make adequate allowance for vacancy, management, property taxes, insurance, maintenance and cap ex. 

I almost made the mistake of paying a Philly guru who was going to teach me the ins and outs of buying section 8 homes and after reaching out to others on BP who invest in better market real estate, realized its incredibly risky.

It’s phantom tax free income when we pull equity out after 5-10 years to scale up and buy more cash flowing properties with zero out of pocket tax free.