It would most likely not be my only type of real estate investment, but nonetheless, and important component.

Its a fairly complex setup with both a contribution and a profit sharing component.

Keep in mind, though, that, in addition to the excess formaldehyde problems with some of these trailers, many were also vandalized and had components missing from them.

Yes, component segmentation can allow you to take a larger depreciation deduction in the early years of property ownership, but if you never sell the property the total depreciation allowed over 27.5 years with component segmentation will be the same as the depreciation allowed without component segmentation.

If your property faces the park, you can expect a significant value increase provided that the park does not have any detrimental features to a homeowner.

I've had 2 real estate licenses and gave them both back because it was a detriment to working on foreclosures.

If the cup says "Hot" take it literally stupid.10- smaller government.....11- Less taxes and insurances "requirements" to small businesses- less government restriction on what my business can write off as an expense and why do i have to pay workman's comp on a stoner who is going to fall off someone's roof someday anyway?

This way the GC can easily bid out each part of the job, and get me a bid much more quickly than if he has to consolidate based on my "room to room" list of things to do.I'll then have my GC give me a labor bid broken down into the following components:- Permits- Demo/Dumpster- Foundation- Roof Framing- Roof Felt/Shingles- Siding- Gutters/Soffits/Fascia- Decks/Porches- Landscaping- Doors- Windows- Wall Framing/Sheetrock- Electrical Rough- Electrical Final- Plumbing Rough- Plumbing Final- HVAC Rough- HVAC Final- Kitchen Cabinets/Countertops- Bathroom Cabinets- Bathroom Fixtures- Interior Paint- Exterior Paint- Carpet- Hardwood- Tile- Vinyl- OtherOther could consist of anything from install mini-blinds to replacing outlet covers to installing appliances.This generally gives me (and the GC) enough detail that the job can be accurately estimated, and if things change (or surprises are found), we can adjust individual areas accordingly.This also gives me a good idea how much each of his subs will be making, allowing me to figure out what his profit margins will be -- giving me some negotiating help if needed.If your contractors have an issue with filling this out, try telling them, "My lender is requiring me to break it down this way in order to approve the loan."

I gave up my RE agent license because it was a detriment to working notices of default or pre-foreclosures.

I'd be especially concerned about areas that have a strong retirement component.