I'm a new landlord and I can't decide whether I have to do my taxes at HR Block or shall I go to CPA.Last year I brough my mother to the US from abroad (adding dependant), bought 2 houses, paid cash for both but took the money from HELOC on my place to buy a rental one (means I have payments like mortgage but not mortgage - ?)

http://www.biggerpockets.com/forums/84/topics/75839-significance-of-principal-residence-question-on-quitclaim-deedMy property was gifted to me by my mother three years ago and I've been renting it out ever since.

There may be other reminders that trigger negative emotional responses that are so severe that the family is willing to walk away from substantial amounts of equity in return for not having to mess with the situation one minute longer.I used to be amazed at how people could do this until it was up to me to handle my own Mother's estate.

My mom now lives in an apartment, my dad and stepmom just downsized from a house to a townhome and my mother in law just sold a large house and bought a 1,500sf condo.

He went on and on, how we could get 16%-36% ROI and how his team are cracked  experts, experienced, they know how to find the "good ones" and, how its guaranteed safe, safe as newborn tucked in under his mothers bosom (my words not his); you get the point.So, after about an hour of this he went in for the kill.

Hi there,My mother currently owns a historic 3 decker in Worcester MA.

I picked all the colora n carpets I did it to my liking bc I am a singlr mother on ssi n actually had the chance to purchase a home for my son n I that we could call HOME...where no one could tell us to leave, ya kno.

I inherited a property that was owned by my mothers haft sister.

That allowed your mother to tax shelter her income while she was renting the property.

Due to the fact there's past due taxes, going to judgement, suggest you may need an attorney.My mother in law in New York, who's disabled, and her son jointly owned a property in San Francisco, and she transferred her interest to her son.