Sure, we all want to invest in RE, we allwant to make money(somehow), and we all want to build wealth, but those are vaque objectives.I am still in the "convoluted" stage myself, but between spending time here, researching on the `net, reading, learning, asking questions, observing what others do, seeing what works and what doesn`t, doingsome soul-searching and self-evaluation as to my present circumstances, finances, abilities, knowledge(and acknowledging the lack thereof when warranted, which is often :lol: ), my own personal goals in RE are changing(from just a few months ago), and slowly becoming clearer and more well-defined.

IMO, there are two distinct advantages to REI: 1) it's a local market, meaning situations vary from town to town depending on many variables that are not simple to quantify using 'national averages'; and 2) it's an inefficient market, unlike, say, the stock market.The economics of the pond I swim in are driven by a growing university system and a growing regional medical center.

I know he will not give my big Sister 'more time to come up with the money to buy my half out' since she has had 4 long years to do so, and hasn't been able to.That attorney who says to leave cash is right, but it's a difficult thing to do in certain circumstances.

Passive losses are only deductible against ordinary income in very specific circumstances:1) You're a "real estate professional".

As it is, the info just points the way, while the future makes liars of the students with some frightening regularity.The "Rules" don't hold in all circumstances, but they give warning signals to those who like such alarms going off in their head.

You are only able to deduct that negative taxable income against your other income under very limited circumstances.

Of all the different media available for broadcasting your marketing message to your target audience, one of the most effective places to get in front of prospects under certain circumstances is in their own homes.

Another plus: you keep the cash in case you have an unforeseen change in circumstances.

There is a distinction and it is this:Double closing = Buyer B purchases from Seller A, closes the transaction, and immediately sells to Buyer C.

Anybody know the term for this ratings or distinctions?