Tax sales are usually full of them.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $350,000

Cash invested: $1,000

It was a great investment I could have not pass, as my first investment.(Backyard)
2...

You also benefited from the tax deduction that includes PMI and per your own statement, it's been a great experience until you looked at a recent statement that reminded you of what you once knew but forgot from long ago.Do the math.

I'm a rookie investor from NYC who just signed up for Pro membership.I'm looking for someone who can be a study buddy and meet-up info in NYC.A little bit about me:- CPA (not specialized in tax ;p), no professional advice but can help with basic accounting and finance knowledge sharing.- Have been listening to Real Estate Rookie (almost a year) podcast and On the Market (a couple of weeks).- Finished reading "Real Estate Rookie" book by Ashley.- Looking for out-of-state investments, currently looking into Philly.If anything clicks you, feel free to contact me.Thank you!

Do I have to add those $45000 to my income and then I pay taxes and my ordinary tax bracket wiil be the $45000 plus my work income, do I get taxed twice?

Come with DATA, not with claims that in no way shape or form can be verified. 

If you have decent terms on the land with low property taxes, add some insurance and you should still be able to cash flow easily.

I would base my decision to buy more on my investing goals, am I buying for cash flow, appreciation, or tax savings.

I'm planning to write a clause requiring universal mount to stay and require that I install it but absolve myself of any claims of TV damages.

I attempted to do taxes (married, filing jointly with my spouse) on turbo-tax.