Ireside in SE Pennsylvania and would like my first investment property to be local to the area. 

I didn't do the work, per se, but we did oversee the details. 

I recommend Apizza Scholls on SE Hawthorne.

Purchase price: $81,034 Cash invested: $1 Sale price: $239,950 508 SE Florence Ave Lees Summit Missouri 64063Beautifully remodeled home!

I wouldn't say there's red flags per se, just ask them why they think you're qualified while others say you aren't.

Any info on the SE tax split is appreciated- I could t find any specifics to splitting between married members with w-2 earnings.

 $15000 / 3br - 1364ft2 - Investor Special 1540 SE 178 Ln 34491Ok, so heres the deal.$15k "subject to" the existing mortgage. 

https://www.irs.gov/businesses/small-businesses-se...I also dont own a corporation for Real Estate, nor am I a licensed professional.

I am not a business person per se.

blabla re expenses vs increase of basis there after.tnx, curt i agree with you on basis thats how i would think it works  but not a CpA or expert all the props I have taken back in foreclosure and its more than a few.. thats how we came up with our basis when we finally resold. keep in mind we did not keep them for rentals as we are not in the rental bizz per se.. so if you keep them I guess you need to figure out basis to establish how much your deprecation is going to be.