Each of the properties acquired is now treated as a rental property on my client’s tax returns...resulting in all of the normal write-offs for those properties.

The IRS treats out-of-country investors and although I don't claim to know the details I do know they hold the sponsor in the US accountable for your US tax obligation.  

She quickly shut the door and we decided well OK we’re done with this one maybe go to the next one.The third unit was a real treat.

In addition to paying the credit card bills that I’ve taken on for my credit, I’ve paid my tuition for Emt school, bought a new iPhone SE last year, and I’ve had enough money to take the dog to the vet for his vaccinations and to training classes in addition to buying all of his toys treats and food.  

Hi Chris--You are correct that anything 4 units and less are considered residential properties and are treated that way in lending and valuation.

Imagine being on top of the world for a long time and just after supper one night you are no better treated than the trash you spit on the day before, because they had nothing to pay!

It’s a great on the spot check to see how they will treat your property.

Yes this property required significantly more work, it was not treated well throughout its lifetime and had tenants also treated it pretty rough!

You are spending money on your business so it is absolutely a business expense and should be treated as such.

We partner with operators for some projects so we like to take our time developing relationships, talking to their investors and referrals, conducting background checks and doing our best to understand who they are and how they treat their investors.