Sounds like maybe you need a new team helping you reach your goals.I do commercial real estate with larger properties.

Does that sound absolutely absurd?

That may sound insignificant, but when I've had my business name plastered on my vehicle for a decade, seeing a blank tailgate is truly enlightening.

As long as your numbers are solid it sounds like a good deal. 

@Athina Margaris So as an equities investor, that thought sounds synonymous to stock traders trying to time the market.

Hi Gabe,Real Estate Association of Puget Sound (REAPS) and Real Estate Investing Association (REIA) of Seattle are a great way to meet people.

This of course assumes that this property was not acquired in a 1031 exchange.However, any costs incurred to acquire your mortgage (if you have one, which it sounds like you do since you got an appraisal) should be amortized over the term of your mortgage.Also, there are some costs on your closing statement that you may be able to expense immediately.Also, it's possible that you incurred some additional costs that increase your basis in the property post-acquisition or possibly even pre-acquisition.You may also have start-up costs that you may deduct up to $5,000 (assuming you don't have in excess of $50,000 of these costs), the excess being amortized over 180 months.Check with your tax professional.

Sounds like a wholesaler, not an owner.

It sounds like she was kicked out of an apartment for writing a rude note and leaving it on someone's car. 

Please expound on this as it sounds like you have experience with it and my partner and I were JUST discussing portfolio loans today.