Posted by Bob Burke (MA) on September 28, 2002 at 08:50:06:
Cash flow is critical. What happens if the economy takes a dive and there is no appreciation?? or the property falls in value? It’s also possible that you will lose your income, making the tax shelter temporarily useless. That wonderful investment could become an alligator biting your butt.
Cash is king…be very careful buying a negative cash flow.
Tax Advantages - Posted by Bill A
Posted by Bill A on September 28, 2002 at 06:36:16:
Can I get a little assistance on the tax advantages of single and multi family purchases? We spend so much time on the front end with cash flow and “getting the right deal” that we forget about the hidden advantages of appreciation and taxes. I’m sure that there are some good articles out there on how to determine your tax base.