[ucodegen]

From ocrenter’s reference:

When animal control officers like Levy respond to bite cases, they aren’t focused on breed. “All dogs can bite,” Levy said, and the numbers back him up: 125 breeds were responsible for at least one attack last year.

[ucodegen]

From ocrenter’s reference:

When animal control officers like Levy respond to bite cases, they aren’t focused on breed. “All dogs can bite,” Levy said, and the numbers back him up: 125 breeds were responsible for at least one attack last year.

[ucodegen]

From ocrenter’s reference:

When animal control officers like Levy respond to bite cases, they aren’t focused on breed. “All dogs can bite,” Levy said, and the numbers back him up: 125 breeds were responsible for at least one attack last year.

[ucodegen]

[quote briansd1]
President Obama’s proposal is a modest rollback of the MID.

The president once again proposed in his budget to curtail high-income earners’ tax deduction for mortgage interest payments and charitable contributions.

Under his proposal, taxpayers in the 33% and 35% tax brackets would only be able to deduct their contributions and mortgage interest payments at the 28% rate. It would affect those with taxable income of $250,000 and up and bring in $321 billion over 10 years, according to the White House

http://money.cnn.com/2011/02/15/news/economy/mortgage_interest_deduction/index.htm

[/quote]
The problem is that there is a way around the elimination of the mortgage interest deduction. The deduction was written into code to harmonize the corporate tax laws with the individual tax laws and allow everyone the deduction that the upper income people were getting through skillful tax attorneys. This change will only make our tax laws yet more byzantine.

The other aspect is that the MID pushes the RE prices up and property tax is initially based on the price sold. The politicians really don’t want to eliminate it because it would reduce a source of funding..

[ucodegen]

[quote briansd1]
President Obama’s proposal is a modest rollback of the MID.

The president once again proposed in his budget to curtail high-income earners’ tax deduction for mortgage interest payments and charitable contributions.

Under his proposal, taxpayers in the 33% and 35% tax brackets would only be able to deduct their contributions and mortgage interest payments at the 28% rate. It would affect those with taxable income of $250,000 and up and bring in $321 billion over 10 years, according to the White House

http://money.cnn.com/2011/02/15/news/economy/mortgage_interest_deduction/index.htm

[/quote]
The problem is that there is a way around the elimination of the mortgage interest deduction. The deduction was written into code to harmonize the corporate tax laws with the individual tax laws and allow everyone the deduction that the upper income people were getting through skillful tax attorneys. This change will only make our tax laws yet more byzantine.

The other aspect is that the MID pushes the RE prices up and property tax is initially based on the price sold. The politicians really don’t want to eliminate it because it would reduce a source of funding..

[ucodegen]

[quote briansd1]
President Obama’s proposal is a modest rollback of the MID.

The president once again proposed in his budget to curtail high-income earners’ tax deduction for mortgage interest payments and charitable contributions.

Under his proposal, taxpayers in the 33% and 35% tax brackets would only be able to deduct their contributions and mortgage interest payments at the 28% rate. It would affect those with taxable income of $250,000 and up and bring in $321 billion over 10 years, according to the White House

http://money.cnn.com/2011/02/15/news/economy/mortgage_interest_deduction/index.htm

[/quote]
The problem is that there is a way around the elimination of the mortgage interest deduction. The deduction was written into code to harmonize the corporate tax laws with the individual tax laws and allow everyone the deduction that the upper income people were getting through skillful tax attorneys. This change will only make our tax laws yet more byzantine.

The other aspect is that the MID pushes the RE prices up and property tax is initially based on the price sold. The politicians really don’t want to eliminate it because it would reduce a source of funding..

[ucodegen]

[quote briansd1]
President Obama’s proposal is a modest rollback of the MID.

The president once again proposed in his budget to curtail high-income earners’ tax deduction for mortgage interest payments and charitable contributions.

Under his proposal, taxpayers in the 33% and 35% tax brackets would only be able to deduct their contributions and mortgage interest payments at the 28% rate. It would affect those with taxable income of $250,000 and up and bring in $321 billion over 10 years, according to the White House

http://money.cnn.com/2011/02/15/news/economy/mortgage_interest_deduction/index.htm

[/quote]
The problem is that there is a way around the elimination of the mortgage interest deduction. The deduction was written into code to harmonize the corporate tax laws with the individual tax laws and allow everyone the deduction that the upper income people were getting through skillful tax attorneys. This change will only make our tax laws yet more byzantine.

The other aspect is that the MID pushes the RE prices up and property tax is initially based on the price sold. The politicians really don’t want to eliminate it because it would reduce a source of funding..

[ucodegen]

[quote briansd1]
President Obama’s proposal is a modest rollback of the MID.

The president once again proposed in his budget to curtail high-income earners’ tax deduction for mortgage interest payments and charitable contributions.

Under his proposal, taxpayers in the 33% and 35% tax brackets would only be able to deduct their contributions and mortgage interest payments at the 28% rate. It would affect those with taxable income of $250,000 and up and bring in $321 billion over 10 years, according to the White House

http://money.cnn.com/2011/02/15/news/economy/mortgage_interest_deduction/index.htm

[/quote]
The problem is that there is a way around the elimination of the mortgage interest deduction. The deduction was written into code to harmonize the corporate tax laws with the individual tax laws and allow everyone the deduction that the upper income people were getting through skillful tax attorneys. This change will only make our tax laws yet more byzantine.

The other aspect is that the MID pushes the RE prices up and property tax is initially based on the price sold. The politicians really don’t want to eliminate it because it would reduce a source of funding..

[ucodegen]

[quote=briansd1][quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. ;)[/quote]
ROTFLMAO

[ucodegen]

[quote=briansd1][quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. ;)[/quote]
ROTFLMAO

[ucodegen]

[quote=briansd1][quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. ;)[/quote]
ROTFLMAO

[ucodegen]

[quote=briansd1][quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. ;)[/quote]
ROTFLMAO

[ucodegen]

[quote=briansd1][quote=ucodegen] If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?[/quote]

Because, my friend, my friend, if there are no sales, there are no profits. Remember that, my friend.

I got some pure silk carpets to sell too, my friend. They are great investments, you can use them for a lifetime and pass them on to your grand-kids, my friend. ;)[/quote]
ROTFLMAO

[ucodegen]

[quote=flu]Translation: I need money to buy real estate and want you to do all the dirty work so I can live in my entitlement world of not doing anything and reaping all the benefits….

Man, no wonder this country is going to hell.[/quote]
Hey, its Casey Serin II!!

Seriously to the OP:

[ucodegen]

[quote=flu]Translation: I need money to buy real estate and want you to do all the dirty work so I can live in my entitlement world of not doing anything and reaping all the benefits….

Man, no wonder this country is going to hell.[/quote]
Hey, its Casey Serin II!!

Seriously to the OP:

Funding such a purchase is difficult.

Expect to have at a minimum, 20% of total purchase costs for multi-family dwelling – est cost of approx 200k/unit. Costs vary per location from 120K to 360K (excluding some outliers). This means for a 5 unit, expect $1Mil min (20% = 200K), with 50% partnership – you better have $100K minimum to bring to the table.

Background in sales will not cut it for RE investing.

Expecting to be the ‘person in charge‘ when not fronting money or experience, other than ‘sales’ is being completely delusional. If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?

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