Real estate investing has various benefits and challenges not associated with other investment vehicles. There are specific tax codes made just for those investing in real estate, whether they are commercial or residential.
My last post was about a possible rental property I was very excited about possibly purchasing. It was on the east end of Long Island, and could be used in the future as a possible vacation spot for those people involved in the deal. However, as the title of the post indicates, the deal is all but dead. I am pretty annoyed about it, but it is what it is. Regardless of how I ran the numbers I just couldn't get it to work if I was using debt (i.e. a mortgage) or if I was using the rental company which took [...]