Maybe then open an LLC (I am not a licensed attorney) you would have to speak with in attorney to determine whether it is best for you to go LLC of S Corporation etc then find a good tax accountant.

Hello,I am analyzing my first property with the Bigger Pockets Rental Property calculator but couldn't seem to get over the hump at what annual property taxes are for this large scale of a property?

It's a 1200 sq. ft. 4/2, however, tax records indicate a 3/1.5.

Hi,any good mentor in DFW area to learn Tax Lien / deed?

Our state lobbyist out of Olympia spoke for a full hour on the socialistic bills and ideas coming out of the city council in Seattle in the Capitol.They are contemplating or have already enacted rules regarding no rent raises when service calls are unresolved, must show cause to terminate a m-m agreement, rent control, 5% capital gains taxes on RE sales (in addition to the 1.7% excise tax), pre-'78 lead inspections, periodic unit inspections, etc.  

Once received, escrow company will record.What date does the new buyer start paying- HOA dues- Interest on the loan- Property Taxes- Property Insurance

*Holding costs (e.g. taxes) will become my responsibility only after closing.

Issues like....How is the income split.Who's name goes on the property.Who pays for taxes, insurance, maintenance.

Is the rent covering the taxes and insurance as well as the maintenance?

I think you nailed it on the head already... differs from lender to lender for sure... my experience has been that it needs to be 12 months of rental income on your tax return so it would depend on what month you start renting it.