I'm buying the property cash, in a trendy neighborhood.

I want to grow my business so i can eventually buy a rental property, or convert the house i own currently. 

Portfolio income, such as interest does not have any preferential tax rates so it is taxed at your ordinary tax rates.For the average taxpayer, interest income will not be considered active or passive which the original poster is trying to claim(as passive income).You, from my understanding, are in the business of originating and buying notes.

The Tax will increase immediately after you buy a property to match the purchase price and you are also responsible for the difference for the years that you didn't even own the property.

A: Landlord has an obligation to provide clean water, suck it up and buy it.B: Hard water is bad for your plumbing, buy it hopefully to decrease future repairs.C: Water softeners, like under-sink disposals, ice makers, ceiling fans, love to break and cost you money.

The property we have is an investment property we would like to leverage to buy another one that’s 153kThanks for your reply! 

How does one go about making an offer on a commercial space that is becoming vacant shortly, such that if I cannot find a qualified tenant to fill the vacancy that I can walk away from the deal?  And how does one even...

Flipping is not a great option right now if you aren't experienced because regular home buyers are buying a lot of the dumps and overpaying, spinning the market for trash homes up too high to make any money flipping.

Buying and Selling all over the Kansas City metro - great market!

Or would I have to buy it as an investment property with 20-25% down?