11keeping any portion of income?

Help them with their credit and use a portion of the rent to go towards their down payment.

But it also has a basement apt that I generate 675 a month for which pays a good portion of the taxes.I tend to get above average rents for most of my units b/c I offer some nice perks.

I am not sure if I would plan on the bank being so nice as to just write off that portion of the balance.

If you sold and made a bunch of money before then you want to preserve that money and invest in less risky investments or only allocate a small portion of your portfolio to high risk growth properties.The taxes of 6k wouldn't bother me as much if that was a constant.Meaning 3 years ago they weren't charging 10,000 in taxes before the market took a dip.

However, what is the best way to determine what portion of the AB or FMV is depreciable, i.e. non-land.Would it be acceptable to use the "replacement cost" of the dwelling as outlined in my hazard insurance policy, as this value does not include land?

Did you want to do another buy and hold, did you want to jv and do a flip to minimize your out of pocket cost, or you can always wrap a note create cash flow and still keep a portion of your cash.

It seems I need a company to set these up, and then a lawyer or something to do the checkbook LLC portion?

This is a huge portion of the expenses that I would need to be sure about.

Does that include a portion of your food expense?