I didn't catch the Panama portion of that question, either. lol

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

Just because it's a primary residence for him doesn't automatically exempt your portion from capital gains—you're still considered an investor.You also need to think about what happens if your friend can’t buy you out or if your relationship changes.

They then issued a special assessment where each owner got charged a percentage of the total bill that included the expensive sewer line replacement, but our portion was less than we would have paid to fix our own unit, so we were fine with that.

On a larger loan size, this gap could be a substantial hit to your cash-flow.

I figure the absolute worst case is the educational portion of most RE training is useful for anyone involved with RE investing just to understand the knowledge domain better, you know?

Dream Huge themselves has a pretty decent size portfolio.

Opened another checking/credit card for just real estate expenses, and deposit tenant and our portion of payments into that account.

If you were to use IRA money to purchase real estate with recourse debt, then a portion of your returns may be taxable.

@Heather Szucs - There are plenty of flip opportunities in the Denver Metro area depending on the size of project you are comfortable with.