Does the city or area have policies that will continue to fuel job growth?

By contributing to the NO, they can take the deduction for it, AND use it to provide a continued income to the children.

Hi Bigger Pockets Community, I am continually impressed with the caliber of talent here on this site.

Continuing with our example, say I wanted to buy this note that had 25 years of payments left, but I wanted a 10% return.

Leaving the account still open and continuing to make new contributions.Also when acquiring real estate with "qualified funds" (your retirement accounts) and utilizing Acquisition Debt (a mortgage) there is some tax to be paid on the income, even in a Roth account.

It amazes me everyday that home buyers continue to buy price per sqft, compared to quality.

And consider the idea that "what goes around comes around, and nit just how that may effect MY life, but do I ensure that what good does come my way continues thru my actions to reward others for the good they are doing.

Based on all the facts and circumstances, you participated in the activity on a regular, continuous, and substantial basis during the tax year (you must have participated for more than 100 hours during the year).However, your participation in managing the activity does not count in determining whether you materially participated if anyone (other than you) received compensation for managing the activity or if anyone spent more hours during the tax year than you performing services in the management of the activity.8.

Posted business hours, signage, registrations, license, continued education, insurance, bonds, cash assets and you may have reserve requirements.

Since then, I have done numerous real estate deals and continue to learn something new every day.