I'm buying it for $70,700 and selling it for $80,500 (adding in closing costs, hard money cost to purchase, and $5000 profit for myself).

I refinanced my primary home in 2009 with $0 closing costs and no principle added to my loan.

For example, automobile travel will still be deductible in full, because adding a second person does not add cost.

5) What if the project is some type of value-added project that doesn't generate cash-flow in early period(s), does the preferred return accumulate until there is enough cash-flow to pay all preferred returns?

I can't tell if you are adding additional structure to increase the square footage or if you are getting that from the basement finsih out.

I think there are a lot of people who have one question and would not want the additional hassle of adding a picture before that.

Here in Israel, there are tons of ads for buying property in the US - FL, OH, IL - all over.

Added both to my Christmas wish list.

IF YOU POST AN AD IN THIS THREAD IT WILL BE REMOVED.

Buyer paid closing costs are added to purchase price, increasing buyer's cost basis.3.