.  --- and... these issues become issues for the other Tenant and then turns you into the constant 'utility police' because you constantly have to monitor # of occupants... eww. 50/50 is simple and simply understood and 100% while vacant is also simply understood.

Tax Court released Summary Opinion 2017-31 in May 2017, concluding that a county assessor’s allocation to land and improvement values was more reliable than the taxpayer’s proposed values.

I think you need to start by figuring out what you’re near term goals are - are you wanting to generate enough cash flow to offset W2 income, are you simply wanting to supplement your retirement, are you looking for significant tax advantages etc.

Then, upon resale, does this private lender simply inform the title company of the payoff?

So, you can't simply trust them to handle things on your behalf and often communication is challenging especially if they choose to make it that way. 

Simply ask yourself the question how long will it take you to obtain 25% or 5% down. 

The IRS requires a very detailed mileage log, so if you are ever audited, you run the risk of losing your mileage expense if you simply estimate.

So I don't blame the educators for taking students.I concluded it's "buyer beware". 

Quote from @Brandon Croucier: Hi John, You can simply ask an appraiser to give us his opinion on the market rents.

There’s simply no room for mistakes that can be easily avoided.Did this article help you?