Depreciation recapture on real estate is taxed at a flat 25%.

When have you tested your PMC’s processes- Click on whatever links you find on their ads to schedule a showing and start an application to see what happens!

On a 400k loan thats 20Gs

I’ve been seeing a lot of interesting deals lately, but the traditional financing methods don’t always cut it for some investors.

Watch this video for a complete insight on what this means to you as a landlord.

It's pretty typical to get an income statement and rent roll before a walkthrough and before signing a contract (there's many times that you'll also get a capital improvements summary too), but it's not as typical to get the other items prior to contract execution.Depending on how small the property is, you might be able to push for more of these items on the front end if you're dealing with a "mom and pop" owner. 

My question is along the foreclosure line and seeking the right answers and/or information.

All depends on state and when that was recorded as if it was in foreclosure it was probably a judgment on recordDid you not review title or information before buying this at auction?

Any suggestions on that?

I am planning to use this business (SMLLC)  to build the houses on my lots.