We all get the free deprecation expense and was wondering if anyone else is in the red,year after year on paper which is good but will that throw up a red flag to the IRS if your consistently loosing money, which your really not just the case, depreciation makes it looks like you do plus auto travel adds up to.

By doing this the realtor will be confident to work with you in the future when it comes time for your 3rd rental purchase.

The only possible reason I could think of for not selling it now would be if you are underwater on the property or if you feel extremely confident that you'd be able to sell for considerably more in a year's time.

It gives me confidence that I can do this...

Investing from afar increases your risk, or it increases your costs to travel there to learn the market, or both.

I just want to make sure I am 100% confident when I approach my part of the job.

Now you should be confident you will be able to find a buyer, but this is a pretty easy way to get the piece of paper that is required that I have never seen anyone actually verify.I have no need for shenanigans for this, but I typically use these since I don't want to bug my actual lender 30 times a week to give me a letter.

I would like to list the home with a travel agency.Can anyone give me any insight about zoning in that area and what to look for & what to not look for.All help and knowledge is greatly appreciated

They feel confident based on neighborhood activity t we appreciate and it probably will but I feel there may be better investments.

Yesterday I was informed that it is very likely I will be traveling to Japan throughout the summer (possibly starting as soon as April) to support one of the projects we’re working on over there.The financial situation: I’m 25 years old, have no debt, earn 50k per year and have saved up 20k to invest in real estate.