One of the resident's writes to us;"You need to consider a credit or money refund for March rental payment.

Question is, should I continue to seek out deals to get this process started (buy in next 6 mos) or should I sit on my savings another 6 months and reevaluate?

So far, I'm attracted to wholesaling as it seems to be both a simple entry point and a way I can stay debt free.I'm a highly mechanically minded and detailed kind of guy, so understanding property condition and data processing is of no concern for me. 

I'm trying to figure out my processes for each. 

If I am able to make tax deductions or write offs from repairs/ maintenance items how can I do so?

As far as continuing the W2, it's not really an option as I currently work in Banking and more than likely someone would see it as a conflict of interest.That said, I'm not new to RE I've purchased numerous properties in the past and been to hundreds of open houses in the process.

If you're curious about the loan process, you could start by looking at a company called Commercial Loan Corporation, who often specializes in loans to irrevocable trusts and is very familiar with the loans in regards to the property tax savings; my recollection is that they have some marketing materials on their website.

I'm not sure if he's on this forum but he's been making videos on the process and is always willing to share what he's learned.

The IRS wants something in writing: the appeals officer asked under what authority should the lien be considered in the distribution, then denied the appeal when my CPA suggested we compare it with the distribution amount if the property was sold and the note was called due.Other similar like-kind distribution examples would be helpful to.

After that I may get my first J O B working for someone else to speed up the investment process.