Theoretically with the combined ground/neutral panel system in the US, you would have the same risk of being shocked through the ground if you lost your neutral at the panel.Funny thing is that it stated that up until 1996 the National Electric Code didn't separate the ground and neutral on many appliances.

Unfortunately there is a growing mentality in this country (I don't know about other places) that it is ok to stick it to landlords, employers, government, insurance companies, or even other individuals, and it is often rationalized as ok because "big corporations are paying" or "that is what insurance is for" or "I need to get something for my tax dollars" or simply "I need money and it is not my problem where it ends up coming from."

Even if the country has a well developed finance market for housing do you qualify as a foreign national?

Plus, think what fun to live in a place of political corruption, kidnapping for ransom, nationalization of property, and getting mugged by the police.It would keep retirement from being boring.

The Real Estate business can be very gruling. A network is a great way to obtain information. I am an Assessor by trade and am nnow investing in multi-families. :D

About 30% more.The tax breaks for producing the corn for ethanol go mostly to Archer Daniels Midland and other "corporate" farming conglomerates.

Not using local market knowledgeWe all read the national media and trade magazines and get a sense of what the "market" is doing.

Something I recommend to everyone is to take a look at their monthly expenses every so often and see what can be moved from the personal side to the business side.Remember, to make an expense a legitimate write-off you need to ask yourself if that expense passes the "reasonable and necessary for the production of income" test.Many of you who run your businesses through S Corporations (or LLCs taxed as S Corps) know all about estimated tax payments, too.

Kim,:welcome: to BP.Good to have you on board.There is the national REIA organization.

I kind of understand this method as far as having to pay yourself a reasonable salary and then be taxed only on that, but the question that I have is whether or not you have to follow all the formalities of a full blown S-Corp, or is it the same as an LLC with just a better tax advantage?