I dot my I's and cross my T's, as I encounter many things for the first time.

The chain of events caused by the demise of the phone brought Elizabeth to a used book store where she picked up a copy of a book she hadn't read since high school, it was a book I'd never even heard of.. yep, you guessed it. 

Cash flow doesn't include non-cash transactions such as depreciation and amortization.Using $15k as a downpayment on a new property wouldn't be an expense for tax purposes.Your closing statement could be scrubbed for more favorable tax treatments (than 27.5/39 year depreciation), but the bulk will be capitalized.As Ashish mentioned, there are strategies to reduce taxable income, but what you're proposing won't.

Cross streets and zip codes would be helpful.

It is also a much longer walk to cross street! 

Maybe our paths will cross.  

(Single Member LLC ("disregarded entity"), owned by my revocable living trust).Additional note: The State of primary residence does not consider owning real or personal property as transacting business -- thus, registration of the foreign LLC would not be required.

It started a chain of events that got out of control.

And some commercial brokerages have fill-in-the-blank contracts of their own as well.Once you get to larger transaction sizes you'll start to see the letter of intent used for offers, followed by formal purchase agreements written by your real estate transactional law attorney. 

Something specific I want to learn more about is cross-border investing in the US.I want to learn as much as possible and I want to build relationships with  and provide value to as many people as much as possible.