Mainly doing large rehabs long distance.

IRS Example 2: In January 2018, a taxpayer takes out a $500,000 mortgage to purchase a main home.

The main idea is to buy a property that you can use as an investment as well as your primary residence.

The area has a lot of slumlords that just don't give a ****, and they are also mainly older landlords that want to retire and have been doing it for years.  

Will this increase my property value or should I just think of it as a rental unit/place for me to live while I rent out the main house?

Karen, I won't be attending but I can recommend a tip that could save you thousands of dollars: Leave your credit cards at home.Most of the free / low cost seminars give you a few crumbs of information but are mainly sales presentations designed to "upsell" you on more expensive "boot camps" and/or "mentoring programs".They all follow the same classic sales formula, they'll tell you that it normally costs $X (you can even go on their website and see that price) but "today only" or "only for the first N people to sign up" they're putting on a special deal.They'll do the whole "this is how much it would cost individually but here's an incredible package deal" etc.

The main idea behind this was that as a small llc with a single member there would be a good chance that a judge could likely pierce the corporate veil negating the any protection the llc provided.His argument seemed reasonable enough, so I'm wondering what everyone's take is on this?  

Those are the main numbers, you might also want to look at a heat map of crime for the areas that you are looking at a bit more closely

Hello,I'm looking for a savvy real estate investment accountant in Florida, mainly the Miami Dade/Broward area.

New or old electrical main box and does it meet current code.