This money currently earns me about $2250.00 a month but it's PV could diminish if market conditions change making me look strongly at Multi Family RE.The money is in my S corp that is not related to REI.My CPA says to take a Distribution and form an LLC for REI.

Yet, the results of an HUD sponsored study on housing prices in 2004 revealed that (emphasis added), [S]ampled prices for single-family homes in areas of Houston that were (1) zoned, (2) governed by covenants, and (3) governed by neither zoning nor covenants . . .

If you and your wife were both employees of the company, and your company has enough income, you could both contribute, and get something like $90K into the account each year.Actually, the new Solo 401(k)s make this fairly simple.

Reply: Broker(s) both said, and their letters said so.

ie=UTF8&s=books&qid=1206710134&sr=8-1

Determine which neighborhood(s) you are interested in investing in, and watch/study the MLS for those areas daily.

Do i have to use the P&S agreements even if it's a lot with no house??

You can then assume that the numbers are going in 4's.

You should not have any depreciation on your properties held in the S-corp.

craig91167_Keep in mind that in the 90's the newspaper was the way to go as far as advertising a rental property.