Land is absolutely under no circumstance in this universe a depreciated asset.Trees are not depreciated, they are assets that are depleted such as crops are.

@Bill S. had suggested that this was a troll reply, unfortunately it's likely not.

She is requesting to use the Last Month Deposit as payment for December.There is no much options here, although I feel limited in seeing the bigger picture.What would be the best possible option considering the circumstances?

She is requesting to use the Last Month Deposit as payment for December.There is no much options here, although I feel limited in seeing the bigger picture.What would be the best possible option considering the circumstances?

Unfortunately, I've had that scenario repeatedly with people who have gone through some guru program.Most first-time investors want to start with either a rental or a flip.

From the cash out refi we paid off the purchase loan, the personal loan and my 401k loan and used the remaining cash to purchase our next property.Depending on the circumstances it can be a good use of funds, however, if you have no plan to or don't think you can quickly get the money back I would think about other options.

Unfortunately it will not.

But most of his "property" (or business value) consisted of intangible assets (verbal contracts for locations, a kettle corn recipe, etc.).Unfortunately my brother didn't understand what he was signing and he obliged.The buyer claimed that because he sold his chain of Subway stores that he needed the 1031 to "gain access to the funds".

I'm looking at a complex now, but it's all about the numbers and finding the right set of circumstances.

Unfortunately evictions will be part of your life as a land lord.