Thanks so much for the advise!

I know the responses to this post should not be taken as tax or legal advise but would the seasoned investors who read this post like to share some of the write off's that they like to use.

I believe to generate real revenue on an strictly ad based site - at least $1500 or more per month - the site needs to get at minimum about 100K unique visitors per month in a targeted niche.

Please advise.

You’ll want to utilize the card regularly and pay at least part of the balance off each month in order to generate positive credit report entries on a monthly basis. •Personal loans – By going to one of your local banks and explaining that you’re trying to re-establish credit after a bankruptcy you should be able to convince your banker to lend you a small amount of money, say $1,000 or so, backed by a corresponding savings account or Certificate of Deposit (CD) account.

Hi Jon,Hi Jon,Yep, you are right...using any type of financing (mortgage, seller carry back) inside the IRA generates that nasty UBIT.I have shown my clients how to use options and lease purchase arrangements to avoid this problem.The better choice is a self administrated solo 401k since UBIT does not apply to this type of plan.Dave

I enjoyed the posts on this topic, but I'm surprised this topic didn't generate more discussion.

can you advise any articles on this subject, many thanks for your time and infoD

How do I generate more leads that I know what to do with in the area of short sales?

I did forget to mention that I am putting 30% down and paying cash for the renovations.So my figures look like this:purchase price 200,000deposit 60,000Mortgage 140,000Gross rents: 2,500 p/mNOI: 1,250 p/mMortgage: 931.42 (30 yr 7%) p/mCashflow: 318.58 p/mI guess the main issue is the amount of equity I am using to generate the cashflow. ($60,000 deposit + $20,000 for renovations =$80,000) Also the built in equity of $100,000 as a secondary factor has to be considered.