So I go to all the town meetings to get approvel, get all the permits and all the building codes I need to get started.

One of the towns I invest in has quite a few lots available, but when I spoke with the code enforcement office, I was told they couldn't remember the last time there was new construction in the town.

If you're not to code or have any issues, they won't turn it on.

"Looking for a 3/2 single family in xxxxx zip code age 6-10 years old that has room for an addition" is much better.

Section 1031 is a Federal code (U.S.

Not only that but you're in violation of Tax Code requirements with respect to depreciation for improvements, so if your tenant paid for the hot water heater or HVAC and it is depreciated as required by you, you just committed tax fraud!

@Jamal Atwell As far as the search for a mentor, I've had to alter my definition.  

Hey guys my market is starting to heat up with bandit signs...Any ideas on how to target my mailing list...ie vacant in a specific zip code with 100% equity, or code violations, absentee out of state etc.....any thoughts or suggestions are welcomed....

The IRS code on mobile home depreciation, like nearly every other IRS code, is fairly vague.

Code requires a date of death appraisal and, if to be sold during probate, a reappraisal if date of death is more than one year.Try Joe Bua in Beverly Hills or Patty Krakivic in Encino.