Yes, you deduct all the expenses related to rentals on your personal return under Schedule E ( not schedule C as mentioned by @Brian M Sweeney  Schedule C is for Trade or business, not rentals)Yes, you can register DBA or create an LLC to run a rental, but you would still report that under Schedule E.

View report*This link comes directly from our calculators, based on information input by the member who posted.They have re-listed the property on the MLS $149k I think the agent sold them a dream.

The 2007 mortgagee is currently foreclosing however I have not found an auction date yet in any news paper. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

Hi everyone,My name is Bek and I am looking for a real estate agent in the Hampton/Yorktown/Newport News area who specializes in purchasing investment properties.

Sorry to be the bearer of bad news, but the math is the easy part. 

They they hit the news, then newspapers pick those scenarios up, I've read many reports of work for equity not working.But the devil is in the details.   

I pay attention to local news, become familiar with local employers and government agencies.

NEWS: I just got the fee reduced to $55 per player now.

@Michael TungHi Michael,Yes in theory a foreigner can do a 1031 exchange for US purposes, but the issue arises in the country of residence.If you are a tax resident of Canada for example while you can perform a 1031 exchange In the US it does not make sense as you would still need to report the gain on your Canadian tax return.