Originally posted by Mary Spalding:J Scott, what is the NOT main MLS?

Hey guys, im looking to get started here in florida. currently i have done exactly 0 real estate deals.... haha -=X (i still rent) Currently im residing in Lake Mary, just north of Orlando, and im in the process of selling my locksmith business.

Mary Joe,That too has been thrown out as attempting to benefit the IRA and personally.Your example is only valid if you are talking about a traditional IRA.

You might want to dig deeper and see if they have other liens / judgments....Kudos,Mary

You need a CPA type person to determine what is the acceptable % of your purchase attributable to the improvements (excluding the land) as Mary Joe indicated.

Marie, you are very accurate in all your say.

In my market Buyers who are upgrading are more receptive to a staged home.Investors who are looking for rentals tend to see the other aspects (ease of maintenance etc.)Marie,What cities do you primarily concentrate on in the Central valley?

Marie, I would definitely check the true rent rolls and expenses before I were to move forward on anything.

Marie Poe, CAN YOU ASK FOR 10%?

Marie Poe, although sometimes as part of the code enforcement job they actually do perform a true assessment and inspection of the interior.