Perhaps we can meet up some day.Glad you joined,Manuel

If you bought $1,000 worth of tile and paid your friend $500 to install it, you spent $1,500 for a tile job.2.

Investing further away factor in your travel time and time spent away from home. 

(If you die first you basis gets stepped up and there’s no tax savings.)It looks like adding it to capex is a SLIGHT winner. (1/27th of the money spent as a deduction per year.

I vividly remember the countless hours spent driving to and from remote locations in rural Manitoba, alternating between early BP podcasts and Jim Rohn recordings.Over the next two years, I adopted an extremely frugal lifestyle, enabling me to achieve a 75% savings rate, sold my custom truck for a used Toyota, traded my new home in the burbs for a duplex (house-hack) in a challenging neighbourhood of Winnipeg where attempted break-ins were commonplace.

Most people find out about the KPI test after they spent all the time and money on getting licensed, I'd do it before.

My self management generally takes less than 5 hours per week. (3 of this is spent driving around each week to check the properties).

I know it's next door, but you have probably spent way too much time on this already which you will never get back when it fails.

But I also spent a lot of time learning before I did my own projects and had time and funding on my side.

Money spent now will save huge headaches later.My 2 cents,Mike