Investment Info:

Single-family residence other investment in Lexington.

Purchase price: $214,000

Cash invested: $3,500

Took a single family home and converted basement into separate unit. Seller paid...

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

Then all profits and losses are attributed accordingly.

Nobody wants to be seen starting at the bottom, to prideful...slow success builds character, fast success builds ego.

I've worked with many agents of high character, Realtor or not, and also some that are extremely questionable, Realtor or not.               

Several you shouldpay attention to are:- Ordinance & Law: Provides additional building coverage to deal with rebuilding costIncreases due to changes in Zoning or Building laws- Personal Injury Liability: Libel, defimation of character, wrongful imprisionment, etc.

The claw back - If your investment properties are in CA now then you need to know that CA has a provision where even if you use a 1031 to move the property from CA to another state, if you sell it later you will have to pay CA tax on the profit attributed to that property while it was in CA. 

I know here in TX you will be required to report any charges to the commission and they will typically do a moral character determination.  

Think of the number of people here in Colorado without a formal education but anything but fracking knowledge it's the same story but just different characters.

Check out this blog I found in my quest for knowledge : https://www.stateoffloridaliving.com/good-time-buy-house-florida/Whether you agree with this guy or not, he seems like a character that I'd like to meet!