Sorry, reread the last post, and Will's post.

I just thought that I'd clarify my post.I was talking about using your IRA as the source of funds for a real estate deal.I'm glad John figured it out but when I looked at my own post, I had to reread it to figure out what I was saying.

Re-read my first posting where I lay out some of the assumptions behind the 2% rule.

I was just re-reading this thread, and I must say, it's one of the most informative on here!

I have been reading and re-reading @Jeff Brown's blog post http://www.biggerpockets.com/renewsblog/2012/10/11/your-retirement-income-news-flash-youll-only-be-spending-after-tax-income/ and it makes it clearer that the initial penalty may not be that difficult to swallow with a long term view.

However if you would like to read something motivating and structured I highly recommend the Weekend Millionaires, I have re-read it recently and for the most part i had find it to be very relevant for today's RE Market.      

Reread the posts.

Please re-read what @Jeff Clawson posted above until you have it memorized - and if you still decide to invest in Taylor, never deviate from it.

Because now you can write off a percentage of your electric bill, rent, heat, mortgage, depreciation, certain repairs ect or take the new simpler deduction based on the sq footage of the office.  3. 100% car deductions:  Please reread my intro statement for this bullet point, because by claiming a 100% deduction he is basically daring the IRS to audit him. 

I will have to re-read the forms again to see if I have any questions or comments but they seem pretty well written.thanks,Attila