We live in SE Aurora and you can still purchase a property for around 300k.

I don't think it has to be a 'deposit' per se.

Chase, are you saying that the priperty value will be solely based on cash flow, not the value of the buildings per se?

It is not a duplex per se, but can be treated as one.

You will be paying for broker commission and you will se bottom line dollar amount back into your pocket.

If your business is a multi-member LLC, you should receive a Schedule K-1 reporting your share of the income.Step 3File Form SE for self-employment tax.

Hello All,After the most exciting year and a half of my life (25 Yrs Old Now) living and working abroad in SE Asia , I have acquired enough money to begin investing.

Hello All,After the most exciting year and a half of my life (25 Yrs Old Now) living and working abroad in SE Asia , I have acquired enough money to begin investing.

Obviously that is an extreme circumstance.Because you are the one financing 100% of the deal I'm not sure what you have is a partnership per se.

There has been a "movement" trying to rename the "2% rule" to the "2% test" as it's not really a "rule" per se but more like a test to determine if a property meets a certain criteria.In any case, yes the test can be passed in certain areas of the country (not all as you can see from CA).