Even then, if you have some way to legally exclude them, never ever say "no children."

A few of us started compiling a list of useful sites for local investors here: http://www.biggerpockets.com/forums/517/topics/76838-useful-sites-for-pittsburgh-investorsFeel free to add some more if you are aware of any other websites that were excluded.

The only way there wouldn't be money due is if you were specifically excluded by name from the listing agreement.

Even if your unit is exempt and is allowed to exclude children, you can't advertise to exclude children.

What I was trying to say was, excluding the Negative Equity of that property/transaction, the simple test is if your net worth is negative the tax would be avoided.

Kyle J. dont exclude yourself, Would love to hear what you have done.2012 was rough personally on our family, and yet as a family we flourished professionally.

If that state's definition of security excludes promissory notes secured by real estate, than you will need to determine if state has real estate offering, business opportunity or investment laws and regulations that may apply.Example number 2.

(excluding Moonshiners and Amish Mafia)

Also, it may be more difficult to find tenants, as they would be excluding clients that are handicap, something most businesses do not want to be known for.

Even if you exclude 50 percent of gross rents toward expenses, you are still looking at 14.4% return on your money.