Bottom can be converted back into 2 units by re-adding a door.

Look at what the home is worth today if it were in good condition.

Hi, my husband and I own rental income properties and before adding anymore to our portfolio, we need to structure business entity, establish strategy and tax planning, move assets wisely and perform some estate planning.

We bought an 81 unit, 3 years ago, for pennies well now its worth well north of 2 mill.

Adding debt is not a taxable event.

Yes, month to month leases will be a little more expensive but with that added expense you get flexibility.

If you get paid in knowledge instead of cash it's well worth the effort.

not worth it and when things go wrong, you are on your own at the table.She was a friend of an acquaintance here in Dallas, may she rest in peace.

However, unless the property went for $100k and is worth $1m, the IRS doesn't actually take advantage of this.  

If you had an average property that remained in decent condition, it’s worth 5-10% more annually in year over year appreciation.I wish I’d bought a $13m 65 unit multifamily in center city philadelphia in 2013.