I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

You will never pay more tax in recapture than what you originally deferred, assuming your personal tax rate stays the same.

I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.

First person I hired, I also had them write their own job procedures and so on.

Then, each person with money in the deal would get an 8% preferred dividend until they get all of their money back.

Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

I am here to learn more about my own personal investments as well as seeking out learning opportunities from like-minded individuals.

@Jun Lee Solo 401k is a great vehicle for investing!  

You can also read our current and past issues on our website or attend our in-person events around the nation to meet us in person. 

I’m not a former IRS person.