I know that its deductibilty, the auto correct pulls that word up as it does not recognize it  and suggests the destructibility .   

In a fully taxable event (where all gain/loss is realized and recognized).3.

I imagine that you take depreciation expense each year on your properties acknowledging that it is there because the IRS recognizes that things lose value with time.

I am not in a huge hurry to do a deal but I have recognized that I am a little too excited about it.

Mostly because a black is kicking around someone many non-US folks actually recognize (Bill's wife).The race is interesting so it is making the headlines.

I fully recognize that we are early in our investing career and have a long way to go.

Is there a different way of looking at this that I am not recognizing?

Recognize which phase you are in the real estate cycle so you know when to go all in and when to scale back.  

The feelings you have are definitely totally normal... some days I feel completely discouraged but it's important to surround yourself with positive people who recognize the greatness in you even when you're a bit lost in the dark at the moment.  

@Steve Perkins- It has been beyond my wildest dreams, I honestly barely recognize myself and didn't know I had it in me to do all this.