Of course, I want to make money, but I want to make prestige out of innovation and supreme strategy and tactics; put alot of sweat in to research, and produce an excellent accomdating structure(s) to brandish a signature in attitude of design and ethical business.So guys, give me replies and we can talk.

So, those types of sellers are unlikely to give an preferential treatment to a cash buyer.In short, it's really going to depend on the seller and their situation, but in general, up to 5-10% discount is about right in my experience...

In this business, it's hard to find trustworthy, ethical, and detail-oriented people.

The correct income tax treatment of a seller credit to buyer for closing costs is a reduction of the seller's sale price, so it would not affect his/her capital gain treatment.

I live in New Jersey and spend a lot of time in Atlanta, Georgia, so I would love to identify ethical investors I can work with/for who are interested in good deals in those areas.The REI Club meets tonight in my area and I'll be attending for the first time.Looking forward to hearing from you.

most of the people end up being greedy and over pricing their house because they think its worth more, or they lack the work ethic to finish the flip in a timely manner, and no one on that show can make a realistic budget apparently.

They expect a government handout while they drive cars that look better than mine, get expensive hair and nail treatments, and generally sit around all day.

Our integrity and business ethics require us to do this.

But I take your point.I'm guessing that the townhome qualifies for the "2 out of 5 year" rule for preferential tax treatment which is one more reason to sell it now.I don't like being a long distance landlord, I sold all of my rentals before I moved 200 miles, so I wouldn't keep it unless you KNOW you might move back and re-occupy it.Your math analysis is correct.

Many people WILL pay regular income taxes on the net income you earn, but others will receive passive income treatment.