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February 26, 2010 at 4:43 PM in reply to: Straight from horses mouth – Schiller says “substantial downward risk” #519586
sdcellar
ParticipantOh, I figured all those kinds of items are “deductible”, but must also offset by the income, so if the profit exceeds expenses, it’s a wash, right?
This basically leaves depreciation as the only advantaged deduction as it’s not really money out of pocket (unless you are operating at a loss every year).
That said, I get too that if it at least pays for itself today, it’s pretty much only going to get better from there. The challenge, of course, is finding properties that work, but in time, I’m sure there will be. Well, that and coming up with all those down payments.
On the interest rate, I’m talking about loans for investment properties vs. primary residence. When you say 5%, that seems to be the going rate for primary today (maybe 4.8ish). Are you saying you can get really attractive rates for the former as well?
ParticipantOh, I figured all those kinds of items are “deductible”, but must also offset by the income, so if the profit exceeds expenses, it’s a wash, right?
This basically leaves depreciation as the only advantaged deduction as it’s not really money out of pocket (unless you are operating at a loss every year).
That said, I get too that if it at least pays for itself today, it’s pretty much only going to get better from there. The challenge, of course, is finding properties that work, but in time, I’m sure there will be. Well, that and coming up with all those down payments.
On the interest rate, I’m talking about loans for investment properties vs. primary residence. When you say 5%, that seems to be the going rate for primary today (maybe 4.8ish). Are you saying you can get really attractive rates for the former as well?
ParticipantOh, I figured all those kinds of items are “deductible”, but must also offset by the income, so if the profit exceeds expenses, it’s a wash, right?
This basically leaves depreciation as the only advantaged deduction as it’s not really money out of pocket (unless you are operating at a loss every year).
That said, I get too that if it at least pays for itself today, it’s pretty much only going to get better from there. The challenge, of course, is finding properties that work, but in time, I’m sure there will be. Well, that and coming up with all those down payments.
On the interest rate, I’m talking about loans for investment properties vs. primary residence. When you say 5%, that seems to be the going rate for primary today (maybe 4.8ish). Are you saying you can get really attractive rates for the former as well?
ParticipantOh, I figured all those kinds of items are “deductible”, but must also offset by the income, so if the profit exceeds expenses, it’s a wash, right?
This basically leaves depreciation as the only advantaged deduction as it’s not really money out of pocket (unless you are operating at a loss every year).
That said, I get too that if it at least pays for itself today, it’s pretty much only going to get better from there. The challenge, of course, is finding properties that work, but in time, I’m sure there will be. Well, that and coming up with all those down payments.
On the interest rate, I’m talking about loans for investment properties vs. primary residence. When you say 5%, that seems to be the going rate for primary today (maybe 4.8ish). Are you saying you can get really attractive rates for the former as well?
ParticipantOh, I figured all those kinds of items are “deductible”, but must also offset by the income, so if the profit exceeds expenses, it’s a wash, right?
This basically leaves depreciation as the only advantaged deduction as it’s not really money out of pocket (unless you are operating at a loss every year).
That said, I get too that if it at least pays for itself today, it’s pretty much only going to get better from there. The challenge, of course, is finding properties that work, but in time, I’m sure there will be. Well, that and coming up with all those down payments.
On the interest rate, I’m talking about loans for investment properties vs. primary residence. When you say 5%, that seems to be the going rate for primary today (maybe 4.8ish). Are you saying you can get really attractive rates for the former as well?
February 26, 2010 at 3:04 PM in reply to: Straight from horses mouth – Schiller says “substantial downward risk” #518604Participant[quote=SD Realtor]Try to read what I wrote, they are all bad, libertarians are not progressives, not republicans, not democrats. No party lines Brian… they all suck. It doesn’t matter who caused it.
What matters is reversing it and we are in no way going in that direction.[/quote]Couldn’t agree more, they all really do suck. The sad thing is I didn’t used to feel this way, but just watching them in action and listening to what they say just makes me ill. Things definitely need to change, unfortunately, they’re the ones with all the power to keep it from happening. Haven’t given up hope completely, but I am genuinely concerned.
February 26, 2010 at 3:04 PM in reply to: Straight from horses mouth – Schiller says “substantial downward risk” #518746Participant[quote=SD Realtor]Try to read what I wrote, they are all bad, libertarians are not progressives, not republicans, not democrats. No party lines Brian… they all suck. It doesn’t matter who caused it.
What matters is reversing it and we are in no way going in that direction.[/quote]Couldn’t agree more, they all really do suck. The sad thing is I didn’t used to feel this way, but just watching them in action and listening to what they say just makes me ill. Things definitely need to change, unfortunately, they’re the ones with all the power to keep it from happening. Haven’t given up hope completely, but I am genuinely concerned.
February 26, 2010 at 3:04 PM in reply to: Straight from horses mouth – Schiller says “substantial downward risk” #519178Participant[quote=SD Realtor]Try to read what I wrote, they are all bad, libertarians are not progressives, not republicans, not democrats. No party lines Brian… they all suck. It doesn’t matter who caused it.
What matters is reversing it and we are in no way going in that direction.[/quote]Couldn’t agree more, they all really do suck. The sad thing is I didn’t used to feel this way, but just watching them in action and listening to what they say just makes me ill. Things definitely need to change, unfortunately, they’re the ones with all the power to keep it from happening. Haven’t given up hope completely, but I am genuinely concerned.
February 26, 2010 at 3:04 PM in reply to: Straight from horses mouth – Schiller says “substantial downward risk” #519272Participant[quote=SD Realtor]Try to read what I wrote, they are all bad, libertarians are not progressives, not republicans, not democrats. No party lines Brian… they all suck. It doesn’t matter who caused it.
What matters is reversing it and we are in no way going in that direction.[/quote]Couldn’t agree more, they all really do suck. The sad thing is I didn’t used to feel this way, but just watching them in action and listening to what they say just makes me ill. Things definitely need to change, unfortunately, they’re the ones with all the power to keep it from happening. Haven’t given up hope completely, but I am genuinely concerned.
February 26, 2010 at 3:04 PM in reply to: Straight from horses mouth – Schiller says “substantial downward risk” #519526Participant[quote=SD Realtor]Try to read what I wrote, they are all bad, libertarians are not progressives, not republicans, not democrats. No party lines Brian… they all suck. It doesn’t matter who caused it.
What matters is reversing it and we are in no way going in that direction.[/quote]Couldn’t agree more, they all really do suck. The sad thing is I didn’t used to feel this way, but just watching them in action and listening to what they say just makes me ill. Things definitely need to change, unfortunately, they’re the ones with all the power to keep it from happening. Haven’t given up hope completely, but I am genuinely concerned.
Participantoh yeah, something else– can you get 5% interest rates on investment properties? That’s the number I used too, but don’t know if it’s realistic.
Sheldon, are you out there?
Participantoh yeah, something else– can you get 5% interest rates on investment properties? That’s the number I used too, but don’t know if it’s realistic.
Sheldon, are you out there?
Participantoh yeah, something else– can you get 5% interest rates on investment properties? That’s the number I used too, but don’t know if it’s realistic.
Sheldon, are you out there?
Participantoh yeah, something else– can you get 5% interest rates on investment properties? That’s the number I used too, but don’t know if it’s realistic.
Sheldon, are you out there?
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