If you purchased multiple cash flowing properties and held them for long term your equity build up and net worth will far out perform a cash buyers.Last, your total cash payment could be used to purchase a larger or nicer property giving you a greater return (if purchased correctly).

This is almost impossible to do with anything you see online because the amount of people bidding up the price. 

I have 4 people that work with me as a 1099 contractors, Accountant told me that i cant deduct taking them out to eat, is that correct? 

I have 4 people that work with me as a 1099 contractors, Accountant told me that i cant deduct taking them out to eat, is that correct? 

Put in a ton of offers but keep getting out bid.

I am wanting to determine a low minimum bid that should for sure get someone to give and initial bid.

You are probably correct about the small market in Calhoun county.

I see a correcting and major crime heading towards Sacromento and greater Sacromento county very soon!

Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes?

Yes this is correct but like I said there are a couple ways where you can pull out your initial cash plus your rehab costs without needing to wait the 6 month seasoning.