The mileage allowance is lower than the cost of OPERATING a vehicle, so real "business people" don't automatically get a Benz or Beemer to drive around looking at property.Meals and entertainment-you only get to write off 1/2 on these but you shouldn't be eating at "Chez Expensive" when working on flips anyway.I'm sure that "some" people might accidently buy something for their residence and have the receipt fall into the folder for one of their flips.

Short Pay Offs are complete in most types of debt vehicles.

(Numbers not too precise, I'm reading them off a graph in the July 7, 2008 Business Week.)So, lets look at that example againValue in Denver: $144,000.Value in Las Vegas: $111,000.In Denver you're OK vs. the original loan.

Buy right and this is the best investment vehicle I have found, in this market!

Explain precisely what you are looking for.

I think a mind boggling amount of REI financing will come out of these vehicles over the next couple of years.

LLC's are wonderful vehicles to separate yourself from legal liability.

You should be exact and precise and really give them valuable information. 3.

Nobody has a crystal ball to identify such a precise figure, just as nobody can say what the exact bottom of the RE market will be.

I did the precise same thing yesterday.