I actually was the buyer in one seller finance deal and subsequently a seller of the same property.

You can only deduct what you actually spend.Second - you could not deduct tickets in your scenario even if you paid cash.

But, you should have the actual numbers -- COC, ROE, IRR. 

Yeah, there are a lot of those... but  amortization is not being considered.Isn't that a factor and won't that change the payoff date?  

They tried to keep the money until I pointed it out being in the acceptance letter due to knowing the date closing was on. also take in account how long it would be for them to do the paperwork. it is the government associated program, so you know they like to take their time on paperwork. 

Hi Jens,I actually have a couple I would recommend.

I actually just got back from my honeymoon in Jericoacoara and passed through Fortaleza on my way.

Code Chapter 47 - Fraud And False Statements, which is a very boring read, unless it applies to you.Please don’t do that.Make sure your Proof of Funds source has the funds and that you are authorized to use those funds and the source will vouch for you in court.If you are going to buy “Turnkey” it is recommended you visit the actual neighborhood and actual house before closing.Things can be very different in person.Afterwards is too late.You may not like what you seeGo with the Math, not the emotions or hopes of the futureIf you are losing money with the hopes of making it up later, you should seriously reconsider.Wishful thinking is a poor investment.Interest rates are going upAnd interest rates are going down.And interest rates are remaining the same.There is no clear direction for rates and there are arguments for going each direction – buy so that your property cash flows, even if you are wrong.Ignoring your workers.Always serve your workers pizza on the job.It keeps them on-site so they don’t wander offThey will think you actually care and will work harderYou get to become “one of the boys” and they will tell you things you need to knowHmmm, out of space, but not out of mistakes. 

How are you tracking your general ledger items and actual proforma?

Have you run a spreadsheet and checked the actual numbers?