It’s done all the time.  

Every time you lower your tax bracket you are lowering the value of the deductions.

Collin is correct - take your time and go slow. 

I would suggest starting with reading the IRC book all the way through multiple times.

They said that if the contracting buyer didn't have the funds to buy at the time of agreeing on price with the seller - it was under a false scenerio - since they were not going to buy the house from the start.

My partner at the time and I were nomads traveling long term.

I guess I was in analysis paralysis for a very long time.

Asking price, cost of rehab (plus time to complete), ARV, and rent once rehab is complete.Asking price $50k.

Full time pharmacist trying to gain some sense of financial independence.

Over the course of using Bigger Pockets I have had very degrees of opinions on who I should vote for concerning a post.When I first started using Bigger Pockets, I was too naïve to even think of voting for someone that took the time to answer one of my post.