I would add to #2, that Multifamily apartments have an added tax advantage over ALL other commercial real estate, and that is the the depreciation schedule is on a 27.5 year basis, instead of 39 years like all other commercial properties.This allow a larger depreciation deduction each year, whether you use cost segregation to accelerate that, or not.

Especially since the tenant has been such an excellent tenant and was very understanding of some unexpected problems we had while they were living there (unless we find other major problems that we need to deduct).

It's been my plan for a while but my wife is now coming around to the idea....As I've done my research I can see that we should be eligible to build a detached unit which puts us at the 1200 sq ft limit in either single or double story (ours would need to be double as I want to get 2 beds and 1.5 bath min).During my research I came across this resource Hasauble https://www.hausable.com and I wanted to see if anyone here had used them & if so to what stage in the process?

I want to fire him an deduct my expenses to fix all this from his last payment.

Hi all, have been educating myself for the last several months and thought I may have stumbled upon and interesting question, so here goes: when using my VA loan, I know I can eventually refinance to a conventional loan and use the no-money-down Va loan again, but would it be more lucrative to buy into a more expensive 4 unit that needs less maintenance and will cash flow more each month (and max out my eligibility)?

The loan monthly payments will be deducted from your pay automatically each month.

In either case, you should verify that you are eligible to transfer the funds from your existing retirement account (e.g. if the funds are in your current employer 401k, you will likely not be able to transfer until you quit your job). 

Helping Hands for Housing is a tax-exempt 501(c)3 nonprofit organization that provides housing to homeless veterans in the Dallas-Fort Worth area.The best way for our nonprofit organization to acquire homes where our Veterans can use their housing vouchers…..and how you can make some money and get huge tax credits.Obtaining the properties for HELPING HANDS FOR HOUSING is the most difficult part of our process, so I have outlined some plans to accelerate the acquisition of the homes.If you would be willing to participate:We find a discounted house, arrange for you to buy it at the low price, then at the same closing, you sell it to our nonprofit organizationYou will receive substantial tax credits—(both corporations and individuals are eligible)Helping Hands for Housing obtains the homes at discount ratesYou make money every monthHelping Hands for Housing makes money every monthMost importantly: our Veterans have a safe, affordable homeAs you know, if one has cash readily available, houses are easy to purchase at a steep discount.

And to be eligible for 1031 treatment you must have created that real estate with the intent of holding it for investment use. 

Then deduct that from her first months rent owed?