Hi Abhishek...Are you set on Detroit or are you open to other markets with a low barrier of entry, good job growth, good population growth, low property taxes, and a solid turnkey company with boots on the ground?

Property taxes are low in TN which makes it an appealing place to invest.

After all, they are representing me and are my hired agent- and I may need these documents for legal proceedings against the tenant.  

Think about your taxes on Form 1065, specifically how your K-1s will look in the future.

I wish I knew how much more money would be needed after I finally owned the property.

The courses and knowledge is what I'm after, I appreciate any input at all.

Hi everyone,If you own rental property, it's essential to maximize your tax deductions.

I joined Last year when the market was not great, and all investors stopped investing and I stated invested after learning techniques and underwriting.

I will be using retirement funds and for that reason in order to defer taxes.

It would be best to speak to a seasoned cpa to address your tax concerns.