Self-employment income taxes are assessed at the federal level, not at the state level.

I always make sure to include the cost of property management in my assessment of properties.  

Let me know if I can be of assistance, I'm a licensed agent with assess to the GAMLS and FMLS. 

Thank you"-$300 Monthly Net Operating Loss / $2,500 Operating Expenses = 12%That mean's, keeping all things constant, over 30 years you would have had 88% of an asset paid for you by someone else assuming no appreciation or tax benefit - Simply just the amount of cash towards an assessed value at a date in time.That is not a bad investment - You used monetary leverage to then leverage someone else's time and income to pay for an asset in your portfolio.

@ Nathan Sharp, your retrospective assessment serves you well.Kudos to you and your agent/life partner- well done!

I'll recommend you to indeed post your analysis on the forum so you can share your own assessment and get feedback from BP members.

Because the tax assessment for two lots will be higher than one large lot, both will be marketable at a much higher value than one lot with excess land.Generally too, the owner must make the application or an interested party or representative of either (attorney) but you should be able to do this yourself.After the minor subdivision has been drawn, you can contract for that parcel as will be described, subject to approval.

I AM handsome beyond comprehension... if you leave my site without filling in the form... you are not motivated and I do NOT want to buy from you.Buying from none motivated sellers, is a HEADACHE.

Assess your sophistication level in all things financial and then talk with a good CPA or financial advisor do not take advice on the internet LOL  that would be one thing for someone with a million in cash to consider.Real estate is simply one of many options to invest in.. 

I'm seeing more deals coming from Decatur, and would appreciate hearing your thoughts as it may help validate my own assessment of the market.