I've been in the hard/private money space working as an originator for coming up on 6 years now. 

The formula for your taxable amount is the difference between your net sale (contract price minus closing costs) and your adjusted cost basis (original purchase price plus capital improvements minus depreciation). 

This ensures you can access these docs from anywhere and if they originals get destroyed you have the digital copies.

On closing day, the original seller (not the wholesaler) decided they did not like the terms agreed upon.

These homes were built 50 years earlier and originally sold for $10,000.  

Since the property has increased in value due to your rehab efforts, you can often refinance for more than what you originally paid, recovering your initial investment.Repeat: After refinancing, you've effectively used none of your own money, but now have equity in a cash-flowing property.

Those expenses are crucial in determining your overall rental income and the amount calculated into a child support payment.This post originally appeared on the BiggerPockets blog.

I have been utilizing Facebook MTR groups in my market as well and have come up flat.Like I originally stated in my post I am currently breaking even simply with my in season short term rentals, which has been covering my annual expenses.

Be ready to make fast, decisive, and informed decisions.This post originally appeared on the BiggerPockets blog.

It will save you a lot of valuable time so you can concentrate on growing your investment portfolio instead of crunching numbers.This post originally appeared on the BiggerPockets blog.