Hi Folks,I would like to know your opinion, is it good idea to buy $1M multifamily (two family) house for investment purpose in jersey city area (jersey city heights).

Jarrell is planning on a population surge of 50,000 new folks.

Too many investors are not aware of the tax benefits and extra cash flow that could be theirs.

Winter doesn't bring too much extra cost as long as the home doesn't have outdated appliances and has sufficient insulation.

The desire for 10% down comes from maybe being able to do it this fall instead of three years from now--financially it might not make sense, but extra time with family is priceless.

I'm taxed in the highest bracket but even if you are not, every extra dollar you bring in puts you closer to the next tax bracket.

This structure simplifies management, centralizes ownership, and provides an extra layer of liability protection.Tax-wise, the state where each property is located will still require income tax reporting and LLC fees.

Amy I talked to William off line I dont think he is a plant.. as someone who actually funds land flippers I was curious as to where these folks get the basic training..

that's important - a lot of folks want to pick a property on Zillow and buy it just to "do a deal." 

for some of us "regular folks", a tidbit of info here to lower the appetite if you are not in that class of investments:"Regulation D, Rule 506(c)" refers to a specific exemption under the U.S.