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When your home is sold, want percentage can be written off as improvements?

Posted by Real Estate Investor on Jun 19 | Real Estate Investing Chatter

Sold property June 2009 want percentage of upgrades can be deducted from your annual tax’s., more 
and If a mortgage agreement has an incorrect deed number, can the agreement be deemed void ?  What legal action can take place? How can the customer be compensated?, more 

and What is account now telephone# so I can speak to a live agent?  , more 

Buying and Renting or Mortgaging and Renting?  Which makes more sense. Lets assume a property costs $100,000. Does it make more sense to buy the property for $100,000 cash, then rent it out? Or would it be wiser to get a mortgage on the property, put down 20%, and then rent it out, keeping $80,000k in the bank?
The only downside to the mortgage option is that you have to charge rent at or above your mortgage rate. Which likely won’t earn you a single nickel until the property is paid for. Right?, more 

and Can I invest in a house and be qualified for the $8,000.00 tax credit?  Ok so my situation is crazy. I am a first time home buyer, and I found this house on this website from a couple of investors and they are selling the place for $185,000.00 but for investors $167,000.00 I will be on TDY for 6 months starting september to another state and I want to get this house and rent it out for the time being that I will be away. Now the house already has tenants living there, and I told the investor that I want to get the house but have the tenants remain there till I get back from TDY. i wanted to buy the investment price vs the selling price…being that its cheaper..I am so confused as to what to do. Also if I do invest, would i be qualified for the $8,000.00 tax credit? My dad is helping me cause he is experienced but I wanted some opinions from people with real estate expertise.
All in all my dad is telling me to get a real estate lawyer n all….but any feedback regarding this situation would help me out a great deal! thank you!, more 

Tags: repossessed, foreclosure, investing advice, houses