transactional income vs residual income.. 

She said installing adhesive vinyl would be more expensive due to labor to remove the old carpet and install the adhesive vinyl.Two questions: 1) Is it worth installing floating vinyl at $3500 in an apartment that rents only for $600?

This “front-loaded” allocation method is consistent with IRC § 1(h)(3), which defines adjusted net capital gain as the residual category of capital gain not taxed at higher rates.You would have already recognized $6,444 1250 gain as part of the down payment.

Just did the floor in a bathroom and it took longer to pull up the old flooring (2 layers of linoleum sandwiching a layer of self adhesive tiles;) than it did to buy and install the new vinyl tiles.

Another thought I had was that after focusing on a few houses in markets that have historically had good equity potential, we could also build a portfolio with homes that have a primary focus on cash flow and get some monthly residual income coming in as well.

I felt comfortable with a $200,000.00 investment in case a tenant moved out and it took several weeks to find another one.I’m not looking to get rich off my first property; I’m interested in creating some residual income and equity, so in 5-6 years I can repeat the process.

You want to ensure that the adhesive wasn't black mastic glue.

You can also connect a shop vac to your sanding pole when you have finished taping and mudding {just remember to put the filter bag over the filter in the vac first).BTW:  It does not work as well for knock-down and those sponge-crazy ceilings which have a little more adhesion.

After the ceiling is dry it is best to sand the surface, this will remove any residue left on the sheetrock and give you a better surface to apply your new texture of paint.Depending on where you are, check your local codes for disposal.

That leaves me with option 4 which would be very cost effective and relatively simple to do...cut the planks to the correct size, find the joists with a stud finder, and nail them up after applying an adhesive to them as well.