Or is there a method I am not familiar with/thinking of?

I noticed the seller provided documentation that none of the units put down a security deposit so that raised some red flags.

Trying to figure it out what are the best methods to take in consideration before physically go to see it.

There will be ups and downs (like the AirBnB property in Costa Rica where that woman was murdered and they arrested the security guard) but by and large I think it is here to stay.

I notice in IRS Publication 537 that real estate dealers are forbidden from using the installment method and must realize all the gain in the year of the installment sale however it references some special rules in 26 U.S.

Rental income is shown on sch.E which is not subject to social security taxes (like FICA) but all the other taxes.When you're renting property vs owning, you can't depreciate it but your rent payments are totally tax deductible (vs only interest on mortgage is).Insurance: you'll have to get Tenant or renter insurance which protects the property and your liability if someone slips and falls, set building on fire etc. this is not your professional insurance - just regular insurance you have for your home.I don't see how kind of entity will affect the taxes: if it's just you the owner, LLC will be disregarded entity and shown on your own taxes, only on different schedules.

Hello, I'm trying to use BRRR method.

Hi everyone,I have read several books, listened to many podcast, and educated myself anyway I could and one question that seems the most difficult for me to answer is "do I get an offer accepted before I secure financing?"

Make sure that they have a good relationship with a company that will refinance the loan for you if you are using a BRRRR method.

The BRRR method is appealing.