If you can prove malicious intent by the tenant, you may be able to make a claim against your insurance.Consult with a lawyer, but if you proceed with legal action it is likely the only one to make money will be the lawyer.good luck 

Hi Peter —Generally speaking, it’s difficult to get a definitive answer on the legality of rent-by-the-room in single-family residential zones around metro Atlanta.

That's the attorney who should be preparing your leases and other docs/forms.What do you mean by "legal lease terminations"?

Is there a way to reduce that huge capital gain hit?

I would probably leave a State that is landlord-unfriendly faster than one with State income tax, as the potential pain inflicted by the legal system would trouble me more than reasonable taxes.

What’s the legal way to get it towed?

You have to foreclose and follow the legal process for your state.

Tax & Legal ConsiderationsDepreciation Recapture & Capital Gains: Since both properties have been held 20+ years, any cash-out won’t trigger capital gains, but if you sell, consider tax implications.LLC / Holding Structure: If you plan to scale, consider holding new properties under an LLC for liability protection.5.

I expect my income to be around $200,000 this year, so at the marginal tax bracket I am in I expect a $15-20K savings on my taxes.Things to Keep in Mind: 1) Right now we are at 60% bonus depreciation, meaning 60% of the depreciable assets can be deducted "all the way" this year. 2) The true gains from this come if you are in real estate tax professional status.

I’m diving into note investing and wondering about the best practices for sourcing legitimate notes. Some online platforms seem questionable.
Where do you prefer to find reliable note deals or sellers that follow com...