Again, being ignorant as this is my first time, I have no idea if this is any good, better or worse.One concern I do have, is that it seems that my properties would compete with their (Rent to Reward) properties when it comes to filling vacancies.

The form I filled out for the pre-approval had the criteria that Kevin mentioned earlier:"By checking this box you certify that your loan proceeds will not be used to pay for post-secondary education costs, or to invest in real estate or securities.

But, again, if you love that exterior DIY stuff then not so much..Also, if you have any specific questions, just quote or mention me  and I can come back and fill in (I don't know much about massive conversions or building or developing new ones, just owned and rented a few and been on 3 boards).....

Smooth, in good condition linoleum with maybe a broken corner that you can fill and smooth out...go for it.

she completely screwed up my taxes on my real estate. fortunately I found someone and switched before filling.

Also, just to stir the pot a little more, I disagree that it is damn near impossible to get wealthy without leverage ...

I'm just not sure how many days a month I'd be able to fill the place and at what rate.

Check with your attorney, but my understanding is that you just go down to the county clerk, pay a filling fee and it transfer in.As always check with your attorney or do your own research but this is what I have found.

Hi guys,About to close on my first rental property, out of-state (TN), cash purchase, through a turnkey companyI've had and will have a very low yearly income (less then $10K), and I've been filing my W2's via 1040EZ doing my own taxes the last few years.From a little bit of research it seems like I won't be able to use the 1040EZ, but will have to change to the regular 1040.I was curious how complicated is it to calculate and fill the rental income, deductions and depreciation for 1 rental property.Willing to spend time to learn how to do it well.How much time would it take to file taxes using a 1040 while having one W2 and one rental property assuming I've spent time learning how to do it.Thanks in advance,Tomer

(fill the bed with junk first and it's like a free dumpster rental!!)