Before you do, though, be sure to shored up your understanding of whichever non-traditional financing strategy you will be pursuing.

However, we are trying to see if there is a way to reduce this monthly expense.The only alternative option that we have found is a secure pool phone box that uses a pre-paid wireless cell phone.

Whichever route you wish to take, for whatever type of property, you will have to be consistent in your efforts.

The other cheap update you could do is to but in some brushed nickel or oil rubbed bronze towel holders, toilet paper holders, etc (whichever matches the faucets).

Here's how you compute the tax:Basis = what you paid plus closing costs less depreciation.Deprecation is the amount actually taken or the amount you could have taken, whichever is larger.Net sales proceeds = amount you sold it for less selling costs.Note that the net sales proceeds is not related to any checks you may receive when you sell.Gain = net sales proceeds - basisAmount subject to depreciation recapture tax = lesser of gain or depreciationAmount subject to capital gains tax = gain - (amount subject to deprecation recapture tax)You'll pay the taxes when you file your 2010 taxes, assuming the sale is this year.

So when they call I collect cell phone numbers, email addresses, what type of houses they like and what price range so I have all the right info when I come across a deal.

I would go with the lower option, which ever restricts you further.

Side Note: If the phone number is a cell phone and you may want to include a text option example: for a quicker response please send a brief text

I was wondering, can I use my cell phone bill and gas account as a write off?

., I would just take a picture with my cell phone.