If I just replaced a roof for hail damage and insurance paid the full amount (they did not, there was a deductible) - does that negate the depreciable aspect of the capex? Does the cost have to be out of my pocket...

There is a lot of benefit in having a recognized company that people (bankers, contractors, etc.) want to do business with.All multiple layers of LLC's does is make work for lawyers and accountants.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Research local ordinances and incentives that can benefit investors.The more impressive the package you can offer, the faster your properties are going to turn over.

By going through the journey "together but separately" you get the benefits of having a partner without the pitfalls.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Two Great reads, I bought both J.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

@Ron ClimerI don't argue what your saying and I believe there are many other benefits to being licensed.

Carolina is rightThere are lot of benefits to being a licensed agent/investor.