You don't have to necessarily be carrying it when you look at the house, but at least have it in your vehicle.

You can depreciate most types of tangible property (except land), such as buildings, machinery, vehicles, furniture, and equipment.

I'm using the property as a vehicle to get to the financing.

Land trusts are generally Not allowed as the banks know this is often a vehicle for bypassing any resale deed restrictions, even though you can easily do the same with LLC's.

Sharon VornholtOriginally posted by Sharon Vornholt: You want to be the last man standing.Or woman as the case may be.....Sharon, I think of the ones that want to do a one and done, or get frustrated after just a few mailings as victims of PowerBall Marketing Theory.Not alot different than using the lottery as your Retirement vehicle...

Zero in on those terms of the rental agreement that you are seeing tenants breach most often.I wouldn't worry much about your vehicle and how you dress.

Even after incurring UBIT, a real estate transaction beats most other investment vehicles, especially Wall Street dreck, annuities and bank CDs.Keep up the great work!

What you want to insure that you are getting the best IRR of your ROI via real estate then any other vehicle available to you.

It you want to make it judgment-proof, I'd look into trusts as a possible vehicle to accomplish that goal.   

2) Investor and spouse have two vehicles - a pickup truck that ends up being used to haul construction material, and a small sedan.