Then you just need to be detailed as you're going through the bank rec so you can categorize for each property for reporting and tax Schedule E.

While selling the personal residence and getting $250,000/$500,000 capital gains tax free is a great tax benefit, a second mortgage proceeds would be tax free barrowed money and the mortgage payment would be deductible rental expense on Schedule E   

Just make sure you’re running it as a legitimate rental business (Schedule E won’t capture those benefits as well as a business structure might).If this were me, and I had the liquidity to stretch from $50K to $75K without draining reserves, I’d do it — especially since you’re getting both cash flow and appreciation potential.

LG&E/KU just secured approval for $3 billion in new power generation capacity because they anticipate multiple hyperscale data centers coming to Kentucky.

Once you have a duplex with a rental side, you’re dealing with Schedule E, splitting expenses between personal and rental, capitalizing improvements, and tracking depreciation.

In real estate, e-commerce, whatever.. there is, regardless of the age, always going to be snakeoil sales men and Tupperware salesman, or now the modern e-course motivational salesman like Wes Watson or Andrew Tate.Ultimately, the economy and the ways people create value have changed dramatically over the decades.

Quote from @Tom E.: Curious what people’s solution has been to garbage take-out when it doesn’t coincide with guest stays?

Next month, it is this Tucson Multifamily Meetup: 6 PM Dec. 4th Presenting Kristina KyleAsset Guard Southwest InsuranceLocation: 220 E Wetmore RdThursday Dec 4th: 6 PMJoin us at JMD Asset Management Office220 E Wetmore Rd.

So we made what I like to call the "command centre” that tracks his debt, mortgages, renewal windows etc. and then of course has all the property management features like tenant portal, e-transfer tracking (we're Canadian), messaging etc.

And the 100+ P/E is based on this.