We're still trying to get a grasp on just how much of the home still relies on K&T.

I have been reading on the top and can’t quite grasp the idea.

@Anthony AbdullahHey again Anthony, some of the others have posted useful responses but I feel there's a lack of grasp of the fundamentals on your part.  

Most practicing CPAs don't have an "excellent" grasp of the tangible property regs. 

Your explanation of a deal in simple terms really helped me grasp the idea of how PML or HML could be used in this situation. 

It appears that I'm still struggling to fully grasp what a cap rate is.

To really understand this you must have a good grasp of double entry accounting."

I have gone back and listed to that section a few times, but I still don't have a fine enough grasp on the content to "own it" when speaking to a seller.Does anyone here have a firm enough grasp to break down and explain to the group the line items he mentioned, ordinary vs capital gains calculations, and so on?

I explained for us a simple house hack at 5% down and managing one tenant was our way of dipping our toe in the investing world in something that seems relatively easy to grasp and manage- we do not want to creatively finance and become the owner of a $600K glass company or a $2M gas station right now.

Am a newbie and still trying to grasp it