What kind of specific course was it? 

This may not be feasible without more specifics on my taxes but perhaps a rough formula on how I could figure it out.My basic thought process with the math would be the following:For every extra $1.50 I make above $100k (but below $150k); I lose $0.75 I can write off.So here is where my knowledge really breaks down (if it hasn't already unbeknownst to me).So for every $0.75 I lose the ability to write off as a passive loss; will this cost me $0.75 or will it cost me $0.75 times my marginal tax bracket of 28%, which would be $0.75 x 0.28 = $0.21And if it cost me $0.21 per $0.75 and therefore $0.41 per $1.5, that would basically bring my OT down from 1.5x base pay to roughly 1.1x base pay?

When you find the same color(s) in a group, you have your analysis of that specific area (micro-market) for rental numbers.  

Specific information about that is in the BP forums, blogs and podcasts.

In terms of specific data sets its a trial and error thing. 

Do you have any specific questions or, can I be of assistance?

Hello Everyone,My friends call me Josh and I'm from New Jersey, North Jersey to be more specific.  

If it is empty and trashed, I get the biggest discount, and can rehab and tenant it up to my specifications.

I believe that the reason some say it's illegal is that there is a general "nothing is allowed" approach with the municipal code unless it is specifically allowed. 

Hopefully that will give me some specific items to look out for and budget for.