When damage is caused by misuse or neglect, rather than as a consequence solely of normal and reasonable wear.a.)When sanitary napkins, garbage, grease, or foreign or harmful substances are placed into plumbing receptacles.b.)When damage results from activities or actions, which violate this agreement by Tenant or Tenant's guest(s).c.)When damage is caused by wind, rain, or other elements from leaving windows open or by the overflow of water in the property. d.)When and if the premises are burglarized or broken into. e.)Tenant agrees to be responsible for the cost of:i.all pest controlii.snow removaliii.any broken glass, no matter how it gets brokeniv.any broken door or lock - including storm doors, no matter how it gets broken.

Everyone....I'll certainly answer as anything asked of me as openly as possible...without revealing private information that will disclose who I really am....unless we speak via phone or through personal E-mail.

The reason I ask is because I've been trying to E-mail renters wanted ads from craigslist and haven't even gotten a reply, and I've sent out over 100 emails.

I have many rentals and if I send you my schedule E, you'll see it shows that rentals cost more than just PITI to own, sad, but true.2) If you just "ride it out" for 3 years, and then add back your maintenance and replacement later, and don't think of it as part of your rental, you don't really have the $1,000 cash flow "ROI" that you speak of, but you'll come out ok, most likely.3) Assuming you're an aging "boomer" as I am, or as you stated, at least headed for retirement, you probably made a good move, as if it's a desirable retirement destination for boomers with money, the competition for houses in that area would likely grow, so you may have been wise to lock something in now.It's hot over there, don't forget to get the air conditioning serviced regularly - hopefully you've got someplace cool to go in August.Joffrey Long

I've been at ETC for several years but lately it seems that they can't get things done without endless phone calls and e-mails.I'll take your advice on the alternatives to SDIRA's

E's for the last two years.

So far I have sent an e-mail to my RE attorney, the title company I use and talked with the neighboring owner and the county use administrator.

This is how the Fed Govt looves us investors.It is 1040 Schedule E, Line 10Legal and other professional feesThat is where that expense goes.

Hi Doug,That directive probably came from the principal broker the agent you were talking too is under.Head brokers have what is called E and O insurance which stands for (errors and omissions).Wholesaling like some other forms of investing is highly speculative and often times many things can go wrong.

Disregarded entity: Reports on Form Schedule E attached to the personal 1040 pays no self employment tax.