The records or other documentary evidence must support all the following: The amount of each separate expenditure, such as the cost of acquiring the item, maintenance and repair costs, capital improvement costs, lease payments and any other expenses.The amount of each business and investment use (based on an appropriate measure, such as mileage for vehicles and time for other listed property), and the total use of the property for the tax year.The date of the expenditure or use.The business or investment purpose for the expenditure or use

You don’t need a real estate license to “learn how real estate work”.Having one will not hurt and will give you access to MLS but you don’t need one depending on your goals..

Example:  "Dave buys a single family rental for $100,000 and determines that his improvement ratio is 90%.

We should have a new and improved version of each by summer.

If you find a good street, but the houses need work, start with 1, then go for houses nearby, and improve the area!  

In trying to protect the average investor, they're also preventing them from having the same access to investments as those that are wealthy.

The beauty of it is that it's on a road that has access and water rights to Lake Mendota. 

While my spreadsheet is great, it would be nice to have a full story on income, expenses, improvements, depreciation, amortization schedules, etc.I have looked at Argus and PlanEASE, but would like something that  can be both used on mac and PC.Cheers!

Most can't save a dime and are looking toward real estate to improve their lives.

Hello, I am looking for Real Estate agent in Grand Rapids MI area who can provide me access to a MLS portal that will allow me to customize and save my own searches.