If they do not leave, go to the courthouse and file an eviction action on Monday.

@Lauren KeenTax Strategies for the Savvy Real Estate Investor is good book and does make the investor think about deductions he/she is entitled to.You are entitled to a home office deduction if you had an area in your home that you used for your business(file cabinet to save tenant files, office desk to take and place calls) that was regularly and exclusively used for your business.There is one caveat with the home office deduction. 

Take a look at an operating agreement from an LLC (you can find in the files on here) that spells out these things in detail.

I've seen some wholesalers say that they are consistently getting deals on the MLS- their method involves making LOTS of lowball offers.

My question is, should i file for an LLC while i am educating myself  or stay as a sole proprietor and wait until I get my first property?  

Under that structure you would be regulated by the SEC and the whole deal should be structured accordingly.If you are planning on having some level of active involvement in the operations and not completely relying on someone (The GP in this case) to manage your capital with the expectation of future financial return on your invested capital then you can go ahead and just go the "partnership" route.

Unfortunately many giving advice on here also have no idea of the risk involved in renting to certain tenants and will give the wrong advice.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Furthermore, lets say you are have a top marginal rate of 22% (taxable income of $38,701 to $82,500 filing single; $77,401 to $165,000 filing married )--you would then be paying $4,400 to $5,170 in taxes on the recapture.

If I file a complaint with the BRE, and they issue a desist and refrain letter, what happens if the "property manager" ignores it and continues to practice property management anyway?