This was the best networking event I attended last year. www.noteexpo.com Bob Tax deductible?

The real estate owned he did receive a nice tax deduction however he did have to spend money on the costs associated with being a homeowner and land lord but over all made a return of 7% plus.

They take up a lot of space and are difficult to fit in a standard file cabinet (since they're legal sized).Is there any reason at all to keep the paper copy of the HUD if you have a pdf copy?

about your RE business, it may even be deductible - ask your accountant.People tend to live up - or down - to our expectations of them.

Make sure you get approval for anything from the brokerage first.The state real estate commissions see licensees as professionally trained in contracts and held to a higher standard than ( joe blow ) investor off the street.

They send me my tax info at the beginning of the new year for deduction purposes and they send my seller interest rate profit documentation for the sellers taxes.So how did I get the seller to agree to something like this?

Hey All, I'm trying to get a google voice number setup and I can't get rid of the "please state your name and we will try to connect you" standard message before it rings to my number then plays my custom voice message.I've called from 4 different numbers, half the time it goes directly to my custom message and half the time it plays the automated message then goes to my custom message.  

Depending on what types of credits/deductions the investor is chasing, tax breaks allowing him to boost his overall financial position could be his priority over actual return on this one property. 

On top of that, HOA insurance can have a huge deductible, in the 10s of thousands, which you need to get coverage for. 

If I was in a position where I could either inherit tenants, or start from scratch by only renting to new tenants who meet my standards, I would take the new tenants any day of the week.I believe in NJ, the law requires the tenants are given 60 days notice.