The founding fathers were pretty much all born on America, so therefore it doesn't make sense to say that they came to America.What I should have said is that families of the founding fathers came to America to escape religious persecution several generations earlier.Thank you for the correction.

If my deductions are greater than the income generated from my property, how does that effect my tax liability?

The truck is easy to clear, if the equipment is attached to the truck, like a generator or a parking lot vacum machine, you'll have a serial number.

Either she's going to have to work or otherwise generate enough income to cover that mortgage payment for the next 30 years, into her 80's or 90's, or she's going to have to sell at some point and downsize.

I'm not talking about aggravating a hot button, I'm talking about trying to persuade a tire kicker.We generate our own probate leads rather than buying a list.

We can't expect Josh to create a sub-forum that generates no interest.Were talking about your livelihoods.

I hear that you can get slightly higher rent for Section 8, thus my thinking it might be worth 800 gross rents.Based on 50 percent rule analysis, it would generate cash flow of 100/month at best and 25/month at worse.

Right now, I am looking for ways to target motivated sellers but without having to subscribe to some lead generation company on a monthly basis.

All of this and many other factors need to be considered running a restaurant.The biggest issue a one off restaurant faces is food quality and pricing.Small places can't order in massive quantities so do not have long term food contracts locked in at a set price like chains do.Instead food cost fluctuations can hurt a small restaurant plus the quality you get from a supplier might be good one week but the next a new company came in to the food supplier and gave them a cheaper deal to use their product and try it out.The new product may be better,the same, or worse.The problem is you pay the same price and charge the customer the same price as before but it might not taste as good.I don't know how you will buy this restaurant as you have no experience as an owner.You can't just open a restaurant and expect people to come in.A few will but not enough to make a great business.You have to pound the ground and press palms and get the product with free samples into people's mouths.This will generate buzz for your restaurant and create customers with a relationship.Customers are habit creatures.Get them a great experience,great food,decent price and you will get repeat business.

Finally, what is the best source for generating the buying and selling contracts?