Perfect location right where the city is growing.

I am looking for an opportunity to learn and grow my knowledge. 

Most of us don't grow up learning from our parents or in school how to "make money" nor how to solve our community's challenges.

Same here - my CPA seems to think that loan reduction boot is considered as "ordinary income".

Thanks in advance for allowing me to grow, learn and network with each of you.

I assume that this would then be taxable with the interest portion as ordinary income and the principal payments would be taxed on 25% of that payment (the same as the ratio at sale time of property #1)? 

I think there is more opportunity in those two areas for the multi family I also think that Pasco County is growing like crazy because of the lower price points, lower taxes and ease of getting back into Tampa on the Suncoast Psrkway

But on the other hand, if the schools are terrible, and they are, where is the qualified workforce that will continue to grow our economy supposed to come from?

For example an email to your property management company dated pre-departure or something.Another thing that the book stated was that the IRS tax code uses the words "ordinary" and "necessary" for expense write offs. 

RepeatIt was AFTER listening to his podcast last year that I started buying in Cleveland....I only have a couple of duplexes and an SFR out there......but I'm growing.