I'm a member of Capital REI, which is run by @Roger Lin, @Justin Pierce, and @John Rubino.

I talked to a woman recently whose dad and uncle took her on jobs and taught her all about it!  

Hello Christa, my name is Roger...I am a newbie with a list and a few sources too.

Profits from short-term flips will be taxed similar to ordinary income, so you might be giving a good size chunk of the profits to Uncle Sam each year.

Thanks, @Roger Poulin; yeah, like I said, if i knew then what i knew now, right, i'd have stayed with the deal a while longer. to answer your question about attempting to fill the anchor spot, we did.

I am really interested in bringing a driving range to the Rogers-Bentonville area because I am an avid golfer and I'm down in Arkansas a lot already and there is never any where to hit golf balls at besides country clubs.

If that's the case, then when a contract is signed, your attorney or title company would submit the contract info here to be recorded for public/government record keeping,  essentially making the transaction legal and binding in the eyes of Uncle Sam.I could totally be wrong, as I'm not familiar with NYC RE, but if I were a betting man I'd say this is probably pretty close.

You get $7k, uncle Sam gets $3k.Scenario B: You spend $5k on maintenance/improvement.

Thanks Mr Rogers for all great helps!

@Darren Eady  Roger that.... had to give you a hard time !!!!