I will hope for the best within my beliefs and I am sure they will hope for the best within their beliefs.

Rent less mortgage paymnet taxes and Insurance does not equal cash flow.Read into the forums involving the 50% rule and the landlording forums.

Since the termination fee is equal to the deposit, he's guaranteed to get nothing back.

I charge an amount equal to their security deposit to break the lease, plus rent until its re-rented.

I hold Republican to a higher standard because they do run on what they call Family Values platform which is rooted in their religious belief.

I do screen tenants everyday by the way they look and that applies equally to people of every race, gender, religion, etc.

Assuming he took the full 30 years to pay it off, the IRR is still 7.61%.The current rents of $1450 is equal to $272 in 1971 dollars.

However that is uncapped the year of a sale – so the year of a sale the TV will always become equal to the SEV….in this case your TV will jump from $35K to $60K (technically not really $60K as assessed values in most counties in the country – wayne included have come down – so your 60K may be 52K or something – so your new TV will be say $52K meaning your new taxes will be approx. $4,000 plus the 300 or 400 for garbage and your tax bill will be around $4,300……WAY different from the $2,000 you thought it would be.

The game is to make your pre-depreciation income equal to your depreciation allowance.

Tim - I'm still waiting for you to respond to my questions in the other thread where you assert some ridiculous beliefs and fail to back them up.