@Michael Plaks @Julius Vincent @Jason MalabuteIf the OP (@Russell Roberts) were to change #1 be a direct investment, say an expensive LTR capable of creating large tax losses via bonus depreciation (and assuming he otherwise does everything to legitimately qualify for REPS), would that be able to offset the ordinary income recognized from the Roth conversion?

The math of how many owners there are to renters doesn’t enable many people to own that much property.

If we bite off people’s heads when they admit disaster, it suppresses legitimate issues with these techniques. 

Area was okay, typical.Some were nicer than others, also typical.But what stood out the most, and was the most concerning... was the lack of truthful legitimate financial data to back up the claims.

When evaluating a property management company, look for local experience in Detroit neighborhoods, a tech-enabled platform for seamless communication and reporting, transparent fee structures, and a well-established maintenance process.

Aside from that, you have to make sure you get pre-approved for an amount that will enable you to qualify for the building, but that's the easy part! 

I would like to see about this Levitt home and whether this listing is legitimate. 

I get the comfort aspect, but are they bringing the value that offsets their cost, given the availability of tools to enable remote property management? 

In this case, everyone pitching in would need to have a legitimate, meaningful job role, clearly detailed in a partnership agreement.

Unfortunately, based on my experience, I'd be surprised if this is a legitimate opportunity for investment... more likely it is a means by which Eric and his team gets rid of properties they no longer want.