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I don't know about the "coming back to haunt you" comment, but I do agree investors should consult with a knwoeldgable CPA on this topic.Depreciation recapture can come into play, but there are several factors to consider such as: You are receiving tax savings today and then repaying with tomorrows dollar (and we all know the dollar will be worth less tomorrow than today), if your current marginal tax rate is at 28%, then the recapture tax rate of 25% is slightly less, and if the gain derived from the building is less than the depreciation taken, you may only recapture some and not all of the tax.

The panelist went on to say he was already on just about every wholesaler's list, and saw almost all deals as they were distributed.

Some people might fear competition in some businesses but if that is the case, find ways to work with people in other countries to support each other rather than take over. e.g. distribute through existing channels.

This is an apartment building.Gross rents: $142,800Expenses: $80,000(includes 5% vacancy rate) derived from APODNOI: $62,800 (gross -expenses)Debt Service : $40,000 (approx) I don't know when the leases are up.

You have to start taking distributions at age 70 1/2.

Her son "bought" the house for $165K and distributed the money to siblings so I'm assuming he was in the hole for $165K, if not more.

However, once the funds are distributed they can be attached.

Each municipality is given control on how they distribute these funds.

Just kidding about the Donald, but some other successful investor (see classified ads) might consider taking you under wing in exchange for your time stuffing envelopes or distributing flyers.