All Forum Posts by: Account Closed

@Mike Dymski

Thanks!  I got a free analysis done.  I was just seeing if this was really a viable strategy and it seems like it is.

@Matt H.  Thanks for sharing! 

@Matt H.  Matt, thanks for that reference.  Would you mind telling me around how much a typical study would cost ballpark?

@Yonah Weiss  Thanks.  This is really helpful information.  I have a lot to think about.

@Rich Weese  I love the humor about the irs.  Thanks so much for your input.  I hope to be like you one day and pay the irs a million dollars!

@Basit Siddiqi  Thanks for all that great info!  

@Rich Weese I understand.  I expect my income to be lower in the latter years so I am ok with that.  Also, even though my tax basis will be lower which means higher taxes for me when I sell, it would be treated as capital gains instead of ordinary income.  I got a lot of income to expense off the last couple of years.  What do you think?

@Basit Siddiqi  I did buy in Dec 2017 and I guess you can call me a real estate professional since I have no other source of income.  Carry it back 2 years???  Man, I can kiss you right now.  

@Gerard J.  Thanks man!  I really do have a blessed life and I am so thankful for it.  If I can encourage or inspire others who have big dreams then it is my absolute pleasure.  Everything that I have was because of relationships.  Even a single post can make a difference in someone's life.  That extra push for motivation.  May your dreams come true!

@Logan Allec  Thanks for the info.