It is also not ordinary income subject to FICA unless you cross the thresholds in IRC 1402.

Thanks mate,Spent the last few years on self mastery but still have a long way to go.When I grow up, I want to be like you and Chris heheI owe you guys dinner.Hopefully our paths cross somewhere in the future like Vegas hehe

The lender does IMO… Nobody declares bankruptcy if they own properties with cash unless they make dumb mistakes and cross collateralize.The cash investors might loose money but they won’t be bankrupt.Also, only when you build a base of 3-4 properties with cash, and fully understand the true income of your portfolio after consecutive years of performance.

I was a few streets off but this is literally blocks from hilltop. 70 separates them even as a local sometimes I miss the boundaries by a few blocks. this is from 2021 I just found one but they develop a least 1000 units a year. https://www.wodagroup.com/wheatland-crossing-certified-leed-...

I suspect it has to do with the need to cross bridges to get to good beaches - traffic was a nightmare to get anywhere.

Engelo, I look forward to our paths crossing and breaking bread again. 

Cross fingers that congress passes bill to allow bonus depreciation, perform a cost segregation analysis in year 1 to capture as much depreciation as possible to offset incomes. 

Most lenders won't do that unless you have free and clear cross collateral involved. 

I'd cross advertise on both platforms (if allowed) and have them as additional 'arrows in the quiver' in differentiating your property from others. 

The most southern OR city of Brookings offers tremendous value, and the difference in taxes, insurance and associated carrying costs for crossing the State Line are considerable in comparison.