I can't believe how many owners go for months with no communication and no payments, and then they eventually find out the tenant moved away, and the rental is sitting empty.

I have a vacant rental that I am trying to use a property manager for the first time in Sonoma County (Windsor).

If you cash out refi you won't be able to deduct your mortgage interest until you deploy the loan proceeds on another rental - and you must keep them segregated until then.

Your gain on the rental property will beSales price less sales expenses less adjusted basis.Adjusted basis is purchase price plus improvements less accumulated depreciation.Best of luck.

A two-family where you live in one side and rent your other rooms to friends and then rent the other side (maybe even do mid-term rental or short-term) with a much lower downpayment is potentially a better producer.

Has anyone had bats in their rentals?

Regarding the trailers, you can try to find out what the going rates are for those types of rentals in the area.

We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

HelloI have one rental unit in out of state.

First time trying to buy a rental (single family, duplex, triplex, quad) in Florida.