I highly recommend that you check out ALL of the BP podcasts because they contain a lot of valuable and insightful information that will help you expand your business.

I highly recommend that you check out ALL of the BP podcasts because they contain a lot of valuable and insightful information that will help you expand your business.

I really appreciate the comments and opinions this community provide.In general, when one does his research of due diligence on something like this or on a private lender, I suppose we run a research online (BP, news articles, reviews, BBB, business license, customer references, company history...)  

That said, if the asbestos is not friable and/or in an area accessible to the tenants (or from which airflow can reach the living space) and can be contained (i.e. pipe insulation in the cellar and walls that can be easily encapsulated), then you would be fine simply encapsulating it.

This form contains lines that help you calculate your profit or loss and deduct appropriate expenses.

Such plans are limited in the percentage of assets that can be placed in non-traditional assets, and you have to provide the ability for your employees to self direct their participant accounts within the plan.My suggestion would be to work with an experienced tax/retirement plan specialist to come up with a custom company retirement plan such as a Safe Harbor 401k or profit sharing plan.  

When I started, I cherished my contacts at the first customer service department that would help me.

For existing properties it would be an unauthorized transaction for me to transfer/sell the properties to my IRA.Also, I am a good distance from tax advantaged account disbursement age, all the property investment income would be contained within the IRA not flowing through to my pocket to be used in a more discretionary manner such as repairs, vacation, personal home maintenance, or the most likely reinvesting. 

For example:  I occasionally fish with someone who does carpet  at times customer changes their mind after install and doesn't like color or whatever generally I get it free or may give him a few bucks for it if I need it ,and pay him to install if he's not busy. 

It is made from natural, renewable, components (linseed oil, cork, gypsum, pine rosin) and contains no vinyl or petroleum products whatsoever.