Read and comment my blog on Ukraine real estate market - 2nd fast growing in CEE - http://skalinin.blogspot.comRegards, Sergey Kalinin

And remember, your REIs should hold or grow in value, if for some reason in the future you NEEDED a degree, you could sell some property and pay for schooling.

Dealer status means everything you make is tagged as ordinary income with self-employment tax on it.

"Flips" or anything you resell within a year of buying it (without utilizing a 1031) is taxed as ordinary income.

You know opium, the stuff they grow in Afganastan?

Opium, you know the stuff they grow in Afganastan?

Property taxes combined with household incomes create a problem for homeownership and the fact that taxes grow proportionately with property values while income does not is another factor.

If you are going to be a successful businessman then you need two things among others:1) the ability to plan out how you are going to conduct your business2) the financial discipline to manage and grow your assets while limiting your liabilities.In this particular business (real estate investing) our two biggest assets are our credit and our cash on hand (followed very closely by our own personal education/knowledge).

Most if not all major metro cities are growing including the areas around them (within logical commuting range).

The more I learn about financial intelligence and the fact that the people who reap the rewards of it are just ordinary people doing more than the ordinary person.