I have said this before but this site needs a HOT Section were spirited debate can take place..

Based on the Proposed Treasury Regulations section 1.1402(a)-2(h)(2), there is a strategy that will effectively reduce your self employment tax up to $60,000 - $70,000 with your wife as a limited partner.

Be sure to read through the Learn section above it is loaded with great information.

I would never take section 8 tenants where the voucher amount is less than the rent rate unless it is very minor.

If you haven't already read The bigger pockets beginners guide" in the learn section it is a great resource as are the 2 books by J Scott on rehabbing.

You'd have to be dealing drugs on the corner to get into a transaction that carries a perceived greater harm to the public.Slick talkers that convince someone to pay significantly more for a property than it's really worth is stealing by deceit, it's not clever negotiation it's theft of future equity.

I jumped the gun and posted a thread in the analysis section of the forum before introducing myself.

I use to require our section 8 applicants to have a job.

I've also seen on the outskirts of oak cliff is another section of spec builds.

It will rent for $600 on section 8.