So, when a 5% earned income tax cut comes along, the wealthy are already optimizing for their tax burden (likely by a decreased amount of earned income), and it's very unlikely that they'll actually be able to benefit from the full 5% earned income credit without negatively impacting their tax burden somewhere else.

That's a great benefit, and you'll think about your business more strategically after you have good reporting in place.Make sure you correctly account for the houses as inventory versus fixed assets if you are flipping, as it impacts your taxes.

The condition of the property, ascertained in the valuation as the estimated economic life, directly impacts cash flow.

Back to the topic...Here is an article about how many banks (including FNMA and FMAC) will be freezing foreclosures for a couple weeks later this month...this could impact the number of REOs hitting the market come early next year, especially now that they've stopped rubber-stamping the paperwork and will actually have to spend some time catching up to the backlog after the holidays:http://www.mainstreet.com/article/real-estate/foreclosure/banks-suspend-foreclosure-evictions-holidays

The buyer makes the monthly payments, but the loan does not show up on their credit report thus not impacting their ability to get more credit in the future.So for instance, if you purchased 7 rental properties over the next year with your own credit, you might reach a point where you could not get any additional mortgages.

These numbers aren't representative of what people here should expect, on multiple levels.1) Most product sold to retail investors is in the sub 125k range, which is much cheaper.2) Those pools are for hundreds / thousands of loans while the retail investor will pay more for his 1-5 purchase.So this data literally has zero impact if you're buying the note on a 60k condo in FL or a 40k house in Ohio.

The tenant has no one on their side; the govt, the property owner, the neighbors or next door tenants, are all people who can impact the place they call home.

I am not going to say there is 0 impact on oil prices, but for the most part the Permian is still profitable at these levels.Maybe there is some impact in Houston, but overall the state is a net importer of people, the long term trend suggests that will continue.

Answers will come in time, knowing the answers now does not really impact the situation as he will still need to make alternate living arrangements.

His company has done a phenomenal job managing my properties and that has had such an impact on my business - knowing that someone has my back and is watching over my properties.