House gets paid down, compound/snowball effect, tax treatments, retirement accounts, etc.For those who are financially free, could you share what’s your cashflow investment/business mix look like?

I am in the Drug Rehab/ Treatment business and will be starting my first Real Estate venture with a whopping cap rate of 50-60% on a hard money loan for only 3 years.

I looked through a few of the previous forums on rat control and found a few interesting stories, but nothing regarding professional costs for the treatments.  

I'm hoping for some preferential treatment since I'm local.I always run my own numbers.  

@Frank Rodriguez, If you are not tagged with the title of "dealer in real estate" (meaning you hold real estate as inventory and your intent is primarily to re-sell) then the cut off for capital gains treatment is 12 months.  

Since I did not bring it into inventory and or subdivide it yet and will have owned it a year I am going to go for Cap gain treatment.

But it does preclude him from 1031 treatment. 

I have talked to a secretary at the water treatment department who pulled up the town ordinances, emailed me a copy, and says this months bill should have been $150 instead of $326.

The specific plan refers to a specific area (such as a special commercial zone) that has special rules or treatment.  

There are two basic things you are typically trying to achieve by establishing a business entity, asset protection and tax treatment.