Quote from @Arn Cenedella: Many investors quote Rich Dad to support their contention that a HOME is not an investment.Many of "popular opinion" is shaped by so called "celebrity" or even a "President or Leader" that I personally found it's incomplete, missing context or just a complete scam.

be the boss and the designer. but don't go out and work for someone else like everyone my age does. im 18.Hello Connor, As the only licensed architect to post (thus far), my advice if you want to go to architecture school- Go to a City/State school for inexpensive tuition, take all your design courses but also take electives (or minor in real estate develop and/or business finance).

HOA president says as long as he can remember nobody has had to change their flooring and they have not enforced it.

I don't know.....this is too Animal Farm for me as in "everyone's equal but some are more equal than others".....Also, people will be smart/devious enough to defer their taxes until each election cycle in order to buy more votes and elect people that will subsidize the means to buy more votes in the next election cycle.

Does water, electicity are wipe out?

With respect to any deed, deed of trust, lease, subordination agreement or other document or instrument executed by such limited liability company and presented for recordation by the Company or upon which the Company is asked to rely, that such document or instrument be executed in accordance with one of the following, as appropriate:(i)If the limited liability company properly operates through officers appointed or elected pursuant to the terms of a written operating agreement, such document must be executed by at least two duly elected or appointed officers, as follows: the chairman of the board, the president or any vice president, and any secretary, assistant secretary, the chief financial officer or any assistant treasurer;(ii)If the limited liability company properly operates through a manager or managers identified in the articles of organization and/or duly elected pursuant to the terms of a written operating agreement, such document must be executed by at least two such managers or by one manager if the limited liability company properly operates with the existence of only one manager.e.

You perform more than 750 hours of services during the tax year in real property trades or businesses in which you materially participate.For purposes of meeting these qualifications, each interest in rental real estate is a separate activity, unless you elect to treat all your interests in rental real estate as one activity.

For some reason, I googled the first name, and it turns out the owner of the company is the president of the bank that had foreclosed in the first place!

But, not a very good place if you don't care for live professional music shows (mostly country), theme parks, water rides, lake activities, night clubs, buffet style pig troughs, motels where Presidents have stayed and more convention centers meeting rooms per capita than probably anywhere in the country and cheap public transportation on theme set trolleys.More than a million visitors each year.

You actually need to specifically make an election as to whether your activities are being grouped across all properties, or distributed to indivual properties.