A mini mastermind of local investors who are willing to seriously help each other will be the best thing (sorry, can't think of a better word) you can implementI belong to a private one here and we all are essentially competitors in the same market, but at the same time we also all know that there is more than enough to go around so we help each other out.

For purposes of this chapter, moneys required to be paid under the contract shall not include any accelerated indebtedness by reason of breach of the contract.Michigan Case LawA general requirement for a valid contract for the sale of land is that it contain certain essential elements.

So essentially, are use of the the prior years passive activity losses limited by: 1.

My 9-5 is essentially that.

This thread covers a bunch of different issues I've seen in 10+ years of RENOVATING AND SELLING (You can look up my thread, which didn't go far about why I think even simply saying the F-word (flip) is as STUPID as shooting yourself in the foot, when Wrigley for instance will spend millions picking the name of a new gum, names, terms, etc matter to consumers and to say the biggest purchase of your life is a "flip" which to me sounds like something slapped together, I can't see ANY possible way using the f-word will NOT hurt the selling price.)I don't bother even looking anymore at anything close to the lower end and once I sell the two lower priced rehabs where I essentially had to "rehab much of the rehab" and I take the lion's share of the blame on these, as I'd taken on too much and became far too loose in my supervisory and QC duties, so I had a GC who started hiring hacks, an electrician who among other things, never bothered to pull a permit on one of the places (and when I contacted the city, who I had a great rep with-they came down hard on ME NOT HIM!!!)

if this is a rental property i would consider the following criteria before buying:1) amenities within 5 miles: starbucks, malls, strip malls etc etc2) how good is the school district? 

They do boast an excellent school district along with very high taxes so it's a trade off that I would never entertain.

So advise and/or references to the essential professionals is welcome.

Good school district and 1/4 mile from highway access.  

I would simply sell the smaller current house and buy a larger one. 1.5M in Cupertino is good, but you can go less good and still have a bigger house in a top notch school district. 2k sq ft house in Irvington can be had for around 1.2.