Gas very high, inflation due to so much government spending... and people are  slowing on buying homes.

And, especially with inflation, a dollar now is better than a dollar in 5, 10, 15, 20, 27.5 or 39 years.  

He literally hyperlinked to the IRS notice on the computer scoring of returns selected to audit.Right but I didn't see any details of that specific campaign in there.I guess I was trying to figure out if there were specific transactions they look at that would be reported.Often times you can anticipate by reviewing an IRM which is an audit playbook but I didn't see any for REP.Maybe an example would be what transactions has the IRS gone after in determining inflated COGS in LB&I campaigns.LB&I Active Campaigns | Internal Revenue Service (irs.gov)

Certainly they are losing purchasing power due to inflation.

Right now the opposite is the case, though (at least in most cities).My calculus is a bit too involved to explain here, but a simplified version is this: historically the stock market goes up 10% a year (before inflation), so all my real estate deals need to make at least that CoC between appreciation, principle paydown, rent, etc. with similar levels of risk.

I stick with the rate of inflation because my tenants are great!

At 3% inflation rate, the discounted value of your $10K built in equity will only be $7440 in 10 years if you sell.

The inflated rents are also another sign of a bad operator.

Or if you buy too high at market value, then you will have to wait for inflation for the 1% rule to kick in, if lucky you can even get 5%, like Mike.

Hmmm.Is paying double the normal Interest Rate, on already inflated appraisals - too good to be true?