FYI, my mold guy told me if you spray mold with bleach it may discolor the mold, but not kill it depending on what kind of mold it is.

That being said, Quickbooks is a pretty poor platform for the kind of inventory production accounting involved in flipping.

Religious teachings tell us that "the love of money is at the root of all kinds of evil."

I will post the idea in the main forum to see what kind of response there is!

The property taxes are kind of crazy but as it was explained to me: if the numbers work, the numbers work.

Thank you for your input, I didn't even think about zoning but that is kind of crucial.

I think 3 – 5% a year increase is not unreasonable.ROI with 3% apprec = 8%ROI with 5% apprec = 18% We think we should hang on to this duplex, rent out both sides since this kind of return is better than anything else that we can expect with rather low risk.What is your take?

Steve Cooper took the time to talk me through everything, answer questions and just seemed like the kind of person who would do the right thing if I got into trouble.

I would not start any limited partnership of any kind, while everyone talks about limited liability, you're talking about liability from third parties not the issues of liability between partners.

They use all kinds of formulas, get all kinds of return figures, and end up with a plethora of numbers.But as we all know, at the end of the day, they are just numbers.