In Turbotax I was reporting the sales under "Sale of Business Property"  by reporting the sale price and the basis as the price of the land plus plus enhancements from the builder.

In Turbotax I was reporting the sales under "Sale of Business Property" by reporting the sale price and the basis as the price of the land plus plus enhancements from the builder.

Hey I’m a newbie investor or should I say aspiring newbie investor and I kind of wanted to know what I could do to enhance my knowledge on real estate investing.

LOL  That's not new.In this low savings return environment,  it's a great time to hone, massage and expand our private lender network. 

There are some things you can do to massage the structure like have a large loan premium which is paid at refi or sale of asset

In some states they refer to "powers" while in others they recognize "enhanced" life estates. 

2) what is a ballpark building vs. land ratio to use when trying to trip out the building value on the overall purchase price (example: if buying a $100k property, what % is typically building vs. land)3) Can you include improvements/enhancements made onto the building value in depreciation?

This community has done more to enhance the wealth of individuals than any job or investment ever could.Dave.

Being able to create designs that enhance the lives of the people living there without having to focus on a specific return for investor. 

After having read Rich Dad Poor Dad, this book enhanced the way I see myself and others operate!