She should recognize that her move to be closer to work or whatever came with a price increase in electric that nobody knew about.5) Check the usage of existing appliances and equipment. 

Actually I found it safer to first of all vet the business model then the sponsor/syndicator You see anyone can pause or pretend or be actually a genuine business person/investor but after all is said and done the million dollar question is: how is my money invested and what is the security/collateral That ponzi scheme was based on no real estate security, it was based on a concept of lending hard money at high rates of returns.

Mindy this is a most important subject and very germane to the newer BP members looking to get started.. good for you for recognizing the importance of getting ones financial house in order.

I agree Mike, there are some bad seeds just like any other industry, but the majority of the investors I meet in our market really have a genuine love for Wisconsin and find joy in improving the community. 

A good company will recognize this and encourage the investor to do some more preparation and then return to the conversation later.  

So the questions I have for all of you experienced REIs are, what advice do you have for those of us whose intentions are genuine, are willing to put in the work and are looking for some guidance?

You should download the MN landlord tenant laws,, become a member of MMHA  Minnesota Mulit Housing association, they have standard leases recognized by the state,, and all other forms you may   important besides the lease is I have a crime free / drug free addendum, you need the lead form, check out this link in BP and a better posting catagory for landlord questions is the "landlord tenant Forum section on BP http://www.biggerpockets.com/renewsblog/2013/01/04...

At day 180 or roughly May or June of 2014 his exchange period will end and he will end up recognizing the gain but the gain will only be recognized in 2014 and tax due April of 2015.

Just like a marriage you need trust, each need to recognize the strengths and weaknesses of the other and trust their judgment in their area of expertise.Financial matters, three areas of concern:Credit, their credit says a lot about someone, degree of responsibility, maturity, judgment and keeping promises made.

Earned income includes amounts received for services by self-employed members of recognized religious sects opposed to social security benefits who are exempt from self-employment tax.