View report*This link comes directly from our calculators, based on information input by the member who posted.

Is there any difference in taxes if I report $20k net profit made with:a] 100% personal cash (savings)b] 75% borrowed and 25% personal cash?

It’s worrying to me just to get a yearly report saying it’s coming back 19k in the negative.

@Jay Hinrichs Do you get judgement reports and check the validity of the past transactions? 

Colliers have recently reported 7% rent growth and there are some major employers moving to the area.

The HELOC Reports like a big credit card, and is interest only and revolving debt.  

View report*This link comes directly from our calculators, based on information input by the member who posted.

If you do engage an environmental engineering company to do a Phase 1 report, be prepared for them to recommend a Phase 2 that would involve drilling soils samples as their further action recommended.

I figure I can then look at the properties' income and expense report and see if this property will cash flow.  

That’s why very thorough underwriting on purchasing MHC is very important.Confirming and verifying bank deposits with the rent roll and aging reports will keep you from being surprised by rampant delinquencies which could take 6 months or more to correct.I have taken over several parks in Michigan and they had more landlord friendly rules and still took 6-8 months to clean the park up.