A good tenant that establishes business will develop/improve the space for you, be reluctant to leave, will pay all of your expenses and the lease will have scheduled increases which means a hands-off preforming asset.Best of luck!

Chris Mason had a clever pay off schedule he shared with me but I’ve sort of forgot.

Completely tax free 'income' and works well with my nap schedule.

I always have scheduling issues with HD and price-wise I bet they can be beat.

Husband-wife LLC can be disregarded for tax purposes, and the flip reported directly on Schedule C (or Sch E if it was rented) of your personal joint tax return, without a separate tax return for the LLC.It can only get complicated if you and your wife file separately, or if you have some reason to file a separate tax return for your LLC.

@Phil Workman That would be great I will private message you so that we can coordinate our schedules. 

My advice would be to schedule a call or meeting and see if your goals are in line with their services.

The deduction would go on schedule E as travel costs.If you are traveling to look at properties - the answer it different.Another reminder is that you may need to report to the IRS any account balances held abroad that is in excess of $10,000 during the year.

I'm currently selling a primary residence that has appreciated nicely and am looking forward to investment properties as a way to provide some schedule freedom and flexibility for my family. 

To wit:Take the net number on line 31 of Schedule C.