I wasgoing over the basics of this to myself to seewhat the gains and losses might be say over3 years, buying for self use, renting for self usethen later renting out for self income.

Most of my experience is on the residential side of real estate so I'm looking to gain a better understanding of commercial properties.

@Brian EastmanI thought you couldn't use a self-directed IRA for personal gain or indirect benefits (including using it to invest in your own or a relative's business).  

Mic,Capital gains tax will kill you if you don't replace the investment through a 1031 Exchange.

When that has happened  (rarely)  I make it a point to stop by their house or office and ask them in person why they apparently deliberately deceived me for their own gains.  

We are getting mixed responses saying we have to remove and replace all the trusses and roof at approx $60,000 to cutting into existing trusses but only gaining height in a 12 x 18 ft area.

is a great way to live and have your mortgage covered while gaining experience as a landlord.

Hello BP world,My name is Kris Spencer and I have recently gained a stalker like obsession with real estate investing.

Also gain yourself good cleaning person contact info when you are here.

They prefer that you be licensed just so there are no blurred lines of acting in the capacity of a realtor, but that does not mean you can't wholesale in Ohio.The bottom line is Wholesaling is legal because by signing that contract you the buyer has gained "equitable interest" in the property and have now become the "principal".