I currently operate a mom and pop rental business in Reading with my wife where we provide an alternative to the slum lord business model that has existed in the Reading market.

We are in a window where idle capital is an opportunity cost, so seeking interest income until the rates change again makes sense.The best place to start will be with your checkbook IRA provider.  

Last call to register for today's week's webinar special with David Greene.

Mind providing more clarity on the asset you are purchasing and the overall business plan with making it perform? 

Generally this ends up being allowed deductions for specialized or safety equipment. 

Depreciation can be applied not only to the property but also to fixtures, such as air conditioners, so if those fixtures are also new, the tax savings can be even greater.On the other hand, used property does not provide the same tax savings as new property because many years have passed since it was built, so it's useful life may be less, or in some cases, almost zero.

FYI, the house is in a PD (planned development) district-Regarding homeowners insurance - do I need a special policy or add on to standard policy? 

No other software on the market provides all of this for just $450.In addition, KBKG has more Certified Cost Segregation Professionals (CCSP) in the country.

I would appreciate any tips/advice/books that you can provide me to help jumpstart my real estate journey!

I'm a buy and holder, but looking to be a build and holder.I know I'm nothing but questions, but I'd be so appreciative of any information at all you could provide.