That is already past by the auction date.The process differs slightly in each county but here the sale date is set some weeks in advance.

Townhouse, condo or single family home.Thanks for the help in advance.

Thanks in advance

I've been meaning to get back into it as another investing option.My advice on the MBA is to scrap it unless you want to advance your current career, or you think you will learn valuable skills.

Thank you in advance to all who help.

Thanks in advance for any advice!

Please forgive me in advance, I’m just a newbie trying to learn a thing or two and I am not even sure if what I’m asking is feasible and/or legal.Originally posted by J Scott: That's why a lot of tax professionals will suggest flipping in one entity and investing in another.

Depreciation is also an "after the fact" recognition of the expense, when you SHOULD be reserving for it in advance by dividing the cost of a new roof or mechanicals by 15 years to get an annual "charge" that you are setting aside (or more if the items are already fairly old when you buy).Not saying those you know are fudging the numbers, but just be aware that there is an understatement bias on the part of the typical investor.All that said, you have <1% prop taxes and are in a high rent range in a generally good area with good tenants, so based on this I think I could rationalize 45% for vacancies/expenses, or perhaps just 30% if doing the management AND leasing.

Thanks so much in advance!

Thanks in advance!