We have been investing for 7 -8 years now and the banks r now saying we are at a 43% debt ratio.

Originally posted by @Lindsey R.

One of the R's is refinance....how many times will banks let you refinance?

Hi Eric,  I'm Israel Gonzalez, I'm a Realtor (R) and I work with investors in the East Bay. 

@Brooklyn R.

Originally posted by @Tyson R.

But, I'm trying to arm myself with some tax knowledge so I can review his return.Prior to buying a first home, we generally have expenses such as consulting a guru, attending RE conferences, buying education books or incurring plane/meal/hotel expenses to visit properties (assuming the trip was pre-planned with R/E business in mind).In my case, I had those expenses, plus performed inspections of a property that I ended up not buying.

@Jonathan R McLaughlin, good point. 

The Lessor shall not lease or sell the units within fifty (50) feet of Lessee's demising wall to the following users(s): a) Bars, taverns, billiard halls; b) Pawn shops; c) Dance studios or Karate studios; d) Beer or wine-making stores; e) Psychological counseling offices/facilities; f) Unemployment or Social Security offices; g) Liquor stores; h) Tattoo shops/body art/piercing tenants; i) Beauty/Hair Salons, Cosmetology Services, or Nail Salons; j) Gun and Weapon shops; k) Smoke/Tobacco or Vapor/E-Cigarette shops; l) Child Care/Children's gymnasium; m) Dry Cleaning Plant facility; n) Veterinarian/Dog Grooming/Animal Boarding; o) Gym/Workout facility; p) Same day cash/loan shops; q) Massage parlors (except for national chains such as Massage Envy and the like); r) Police substations; s) Military recruiting offices; ort) Any other non-professional use similar to those listed above.

(I want them to anchor first)R) "Your advertisement says you will make an offer, so make me an offer"A) (At this point, I'll anchor with a low ball offer, but they have a point, my website and postcards says "Fair Cash Offer".)R) "No way, that offer is too low."