Oh, unless your in oil country and the price drops to $20/barrel! 

I'm trying to rent my 2nd floor in my owner/occupy, but I'm running into some resistance on my heat utilities as I have oil heat/hot water.Currently I am including water/sewage but tenant would pay electric/heat/hot water. 

One of the neighbors said " what I saved in commissions  is buying me my new fishing boat " 

usually they will guide you.if you have a contract signed and are in attorney review, you should have all the contingencies outlined. you should do an oil tank sweep. that costs under $300. if there is an underground oil tank that was not properly decommissioned with permits, RUN AWAY!! 

However we have clients who have tax liens, gas and oil rights, llamas, trees, etc. think of working within an investment group or real estate group to gain knowledge and experience. 

Considering more in Calgary since property took a hit with the oil dive.

I'm by no means a "big fish", but do have some out of state properties and local rental properties that would require a little more TLC. 

Hi everyoneMy direct marketing campaign so far has been a like fishing with a net - sometimes the deals that are on offer aren't what I'm used to and I could use some help thinking through the numbers on a 6-plex.

But you're total gain including depreciation recapture was $60K so you would end up having to pay the tax on all $60K - no benefit to the 1031.The other question you're hinting at is what if you bought a tract of agricultural or hunting/fishing land that you intended to use for productive use (wilderness activities, rental, agricultural, livestock etc etc). 

Tainted water in flint, oil spill on the coast, massive fire in Sonoma, earthquakes, floods, etc.