Thats the very simplified explanation.

I did some research and wanted to see if people with experience can clear up any concept errors I may have as well as for any other new people to be able to come into this forum and get an overly simplified crash course.

Tiny houses on wheels usually qualify as RV's, so that simplifies things regarding permits and sometimes whether they're allowed to even be there. 

Im a big fan of Roberts youtube videos on assets versus liabilities, he really simplifies wealth building in a straight forward and strategic way which i like.

If this is your first international application and there are others to choose from that you can do a credit check on I would simplify my life and pass.

@jamesTo expand on what @Linda Weygant said about the home office deduction no longer being an audit flag, the IRS now allows a "simplified" method where you simply multiply the square footage of the office by $5 and that's your deduction.One has to think that if the IRS is offering and encouraging a simplified method of reporting, it's not going to be the cause of an audit.

Got a call today from a tenant about the central AC not cooling - the fan is on but not blowing cold air.Tenant is in a 2/1 two people with two 50 pound dogs.Tenant is inherited from my last purchase so still on a 2 page long, overly simplified lease they signed with the last owner.

I hope you get it now, because I don't think I can simplify it any more than this.

Originally posted by Account Closed:Hi Neil, yes, I have the majority of them simplified in the ad and it will act as a very good filter, however this is to take it a step further prior to applying which outlines several important obligations that will be in the lease. 

I want to simplify/downsize my life anyway.