Nevada will be voting in November to legalize marijuana usage for any one over 18 years of age and looking at Colorado and the HUGE tax/business benefits it has brought to them, i was thinking if this passes it is a potential opportunity for huge growth.

I own rental property in 28270, and looking for next one.I have my spreadsheet that I like to go neighborhood by neighborhood and build comparative analysis, rank by bunch of metrics and then once I have narrowed down areas and don't hesitate to make an early offer in appropriate price range.

Part of your credit is based on the usage ratio, which means that if you always wait for the statement, that ratio will always be higher.Also, if your current card company won't raise your limit, go get a bunch of non-fee cards from other providers.

It would be inappropriate for me to enlighten the forum as to the particulars.

And this works out pretty well with reality, because the cheaper houses are very hard to finance anyway, due to bank not liking small loan sizes, bank red-lining, and bank usage of “# of loans” as a limiting factor in providing credit.

So, if you complete a 1031 Exchange, acquire replacement property, rent it out for two (2) year and then live there for three (3) years so that you can say that you have owned it for five (5) years, 2/5ths of your gain would be taxable (the non-qualified usage) and 3/5ths would be tax free up to the $250,000/$500,000 limit (the qualified usage).

These were built at the peak of asbestos usage, so do not forget factoring in the cost of dealing with it.

Although if you wanted to sub-meter and then charge or monitor the usage you can do that but I don't see the benefit in that.

A couple of common examples:If the assessed value is higher that market value, it could be because local/state laws require the property to be taxed based on it's highest and best use, rather than current usage. 

I am also assuming this property is not currently under contract and is 100% leased up.I do see some expense for utility usage that you would be paying.