He has since made around $3.5 million in 10 years using his minor (in real estate and related activities).Food for thought ...

They did however have plenty of food laying about.  

It is a personal expense, just like your food expense. 2) Repairs made on the duplex are deductible against the rental income.Improvements:1) Improvements made on personal side are added to the basis of the property, but you cannot depreciate the personal side of the property.

Congratulations on being ready to pull the trigger Ashley.But first here is some food for thought...The 70% rule only exist as a frame of reference for most fix and flip, buy and hold, and BRRR investors because it is right around the LTV Maximum that most Hard Money Lenders will lend at.That is an overall industry thing put in place to protect lending.  

As long as you roll the total amount from your sale into the 1031 purchase, and don't have to pay taxes on "the boot," you can maintain some flexibility to buy more when you want - since you're not under the gun to deploy a larger amount of capital to avoid taxes.Just some food for thought...

How do you deal with guest liability for water sports and food in the stocked kitchen?

Should it be a deciding factor in taking over the project?

Have ran into a road block, my wife isn't really confident in taking the plunge with me.

Food & Beverage: 424.

Hi all,I recently invested in a simple course for doing "wholesale arbitrage," then (after attempting to co- wholesale one deal I saw on CraigsList, a bit prematurely) immediately determined that there are both smarter and easier ways to to approach this as a 'go between' the buyer and seller, so I'm now seeking experienced 'wholesale deal flip' specialists to help build and scale a related business development idea for anyone interested in taking this to another level... above what I've seen done to date, online.