I'm not saying this to say anything negative against your specific deal, you, or the idea of padsplit in general, we just saw something very similar happen with furnished mid term rentals and short term rentals and we've had a lot of conversations with owners the past 1-2 years about taking their short term rentals back to traditional rentals because it just didn't make sense anymore. 

My current custodian said they don't help with that.So hopefully, somebody can recommend a company they used for conversion.

When you do a Roth conversion, the tax is figured using your personal income tax bracket for the year.

There was a real estate agent on the east coast that was a solid agent, and started getting into doing some condo conversions a little bit and then raised a fund.

Since the REP status allows the K-1 losses to be treated as non-passive, it could be deducted against the ROTH conversion related income, I think? 

The garage conversion was mainly started to create a space for me to live so I can rent out the main house so I am not carrying the mortgage alone and don’t have to resort to renting and paying someone else’s mortgage.I do however hope that property values in this area will increase over time as I see a lot of growth in my area and diverse quality of housing on my street and surrounding streets. 

Hello BP community,Looking for some direction with regard to MTR leasing, perhaps a template to go off if you feel generous! hahaConsiderations- we dont quite know how to structure the language about use of pool. We w...

The duplex conversion is cleaner and lower risk, but the ADU conversion offers more tax play if you’re comfortable with the leverage and paperwork.

Looking for: Someone that’s kind, caring, and patience, NOT JUDGEMENTAL OR A KNOW IT ALL.Someone that is flexible and still structured Someone that will guide me through regular activities that help me build my business such as: lead generation activities, practicing buyer consults, practicing seller consultation, help making scripts for conversation, etc.

I want to sound more natural and conversational.