(In other states there are very different processes where you can actually finance foreclosures and have 30 days to close, etc, etc.)The short version for Florida is that you have to have 5% of what you want to bid on a property on deposit with this website.  

@J Scott, it looks as though you're using a Desktop version of QuickBooks.

And, I don't know TX law, so I'm not sure if there would be any difference as to the specific rules that may be different in TX, but, it's an old law from merry old England that made it's way to the US, so odds are there is some version that would apply to you in TX. 

This is the ONLY place where the terms PORTION and SPACE are not used in reference to the business or rental usage, but I'm thinking this ultimately has to do with depreciation recapture only and not overall capital gains.Worksheet 3 shows that "Business or Rental Use of Home" is splitting up "Business" and "Home" versions of your gain/loss worksheet, further proving the point. 

You can find a spreadsheet version of this calculator on the internet that will show you the principle and interest over time in a table.

I rated it on my wife's account b/c I am waiting for the android version :(

This is a very simplified version btw.

The short version of that is if you can buy 4 houses financed, it will make more money than 1 free and clear house;   especially when taking into consideration all the benefits that come with each house - your tenant paying down your mortgage, 3.3% depreciation on 4 houses, market appreciation on 4 houses, plus the rental income on 4 units.  

The short version is do lots of research and buy Class A or B (you won't cash flow at 7% rates on LTR, unless you do MTR, STR or some creative strategy).

The problem is it sucks, it barely works, it's surprisingly unintuitive for something so simple, and barely any guests actually use it.Which is kind of the same reason we're not discussing this on Google+ while wearing our Google glasses and talking about which version of Google Stadia is best to put into our homes as we communicate with our cleaners through Google Hangouts.While google obviously has a few big hits like Maps/Flights/Gmail, the majority of google releases follow the same pattern of great technology, horrible interface, no marketing, and eventual abandonment by Google.