If that's the case you can do the same thing..what's the purpose of hiring a PM?

It seems to start working when you start going out west towards Worcester, but sort of defeats the purpose since we want to live in one of the units.

For purposes of this Rule, a cashier's check is defined to mean a check that is (1) drawn on a financial institution; (2) signed by an officer or employee of the financial institution on behalf of the financial institution as drawer; (3) a direct obligation of the financial institution; and (4) provided to a customer of the financial institution or acquired from the financial institution for remittance purposes. ...So b would qualify provided they are "received and deposited."

Or, leave the place close to what it is and lease it for some other purpose, even at a lesser amount, you have less debt coverage or investment to cover, net may be better off.

Can I claim that as loss for tax purposes?

However; the tenant has to approve it in writing for liability purposes.

I suggest forming an entity first for business purposes and tax matters, then in consideration to liability issues.

I think I'll get that book, not because I want to do my own taxes, but so that I can manage my accountant.I was not referring to OO properties that were converted, but newly acquired investment properties bought for the purpose of being a rental.

Could I use it for exclusive purpose of the business an only put on 1,000 miles?

There is a possibility that a court may collapse all the series LLCs into the main LLC for liability purposes.