paying recapture is the most NON talked about event on BP or in real estate.. and why when folks talk about buying for only cash flow and appreciation IE speculation or gambling those folks totally miss the point and do not have a full picture of the Lifecyle of a real estate investment.. if you have NO appreciation your recapture tax is going to eat into your IRR in a negative manner.and for a lot of folks to 1031 one little house with 20k coming out of it is hard to do.. since the house never went up.. the other thing is people that say they are buy and hold forever.. this rarely happens.. life happens life changes.. and so 7 to 10 years down the track MOST folks unless they have decided to make it their lifes work IE be a full time professional landlord.. they sell .and then that pesky recapture they never knew about or thought about bites them .. :) 

I don't work in the rental rehab space, only flips.Personally I like to do accent walls, wainscoting, crown/trim work, accent tile, functioning kitchen spaces, wine racks, wine fridges, etc...For a rental I would probably avoid all of this and go with basic, clean and sturdy over fancy and nice looking. 

I have a non-performing note on a house in Flint and the owner will be signing a DIL.

This will attract better tenants and rents I would not want non tenants on the property renting storage units.

Also very interested in networking with anyone (attorneys, CPAs, agents, brokers, property managers, investors) to begin laying down some professional roots in the RE space :)

It's non stop building here.

A non-resident alien investing in the US adds wrinkles to tax compliance not encountered with your plain "vanilla" US citizen or resident alien tax return. 

Can we Non Resident Aliens use Standard Deduction now, as it is the only one left and in theory it should group the old Personal Exemption?

I quickly learned early on that straight rentals in my market was a non-starter, the price to rent ratio just didn't make any sense and it's only gotten worse over the years.An average home in my market is about $550k now but will only rent for $2k.

always get the insurance binder to protect yourself from loss.That's what I would expect from this scenario, but I'm still fairly new to the lending/note space.