In this case, the break is available to people who claim the standard deduction, which is $12,400 for singles or $24,800 for married-filing jointly in 2020.The House passed the $2 trillion coronavirus relief bill last week.In particular, legislators are calling for a “partial above the line deduction” for charitable contributions.

Back then, I was practicing my analyzing skills and I kept getting positive cash flow numbers on that particular property, however as a newbie trusting my math made me nervous.

If you are looking for cash flow, I would recommend the Midwest, We like Kansas City and Indianapolis in particular.

Or, in particular, one for the state of Ohio?

This episode in particular really spoke to us! 

Gold is cool and, in the long run, seems likely to appreciate, but it's also difficult to transact with and is not particularly liquid.

@Greg Todrank There is actually a fair amount of differences and particulars to pay attention to with trailers/manufactured housing vs conventional built. 

La Crosse is a great rental market and I can’t think of much of a better way to get yourself further along the path to F.I.Is there a particular reason you don’t want to owner occupy?

Basically, from what I understand, if you sell a building as a particular Occupancy and the CofO is different, the Contract of Sale can be canceled due to mis-representation.In my experience, I was the Buyer of a buildings which was a 3 Family building but the CofO was for a 4 family building here in Brooklyn (Clinton Hill is the neighborhood).I fully believed I could have canceled the Contract since it said it was a 3 Family, but I purposely did not because it was to my full advantage to buy it with the CofO of a 4 family as I wanted to convert it back to increase the rental income.BTW, once I bought the building, I immediately knocked out a staircase to the apt with 2 floors and installed another kitchen to have 4 total kitchens in the building on each floor.

With this particular house, there's a huge living/dining room area I will be able to split into a 4th bedroom.