So, you'll have a bit of tax, but less than $100 even if you're in the 33% bracket.If you do the property management and some maintenance, I think you could bump up your income by $75/unit/month or $900 a year, for a total around $2700/unit/year (pre-tax.)At 25% down, that's $7,500 per unit.

One; How do we go about transferring the cash without heavy taxation i.e. red flags.

Depending on additional taxation issues, repairs, and (in this economy) the potential for eviction actions/nonpayment it may be a better option to have lost out even the EM than your shirt.

Don't get me wrong, I love and own real estate.But it sure makes an easy target for politicians: as in taxation, nationalization, rent control, and so forth.

They are for the links for the statute--Taxation---regarding the Delinquent Tax Sale Process.

These in theory are all short term transactions and typically fully exposed to taxation as any business would.Then you have investments characterized as long-term investments such as rentals and installment sale financing.

Remember that I'm not a tax professional, but if you decide to set up an LLC, remember that you can affect the tax consequences of your business by electing whatever tax status you desire for the LLC.If you're wholesaling, you'll likely want to elect taxation as an S-Corp, which should allow you to treat some of your income as dividends (as opposed to salary), and avert the self-employment tax on that portion of the revenue.Again, talk to a CPA...and don't take my word for it

The Government can keep the Death Tax at it's current rate, ZERO.Banks have nearly FREE money (they offered me 0.1% on a $100,000 CD for a year) and they should be loaning money, but that takes cash off of their balance sheets.The banks need to sell ALL the REO's they have over the next 12 months.

Bryan -I completely agree with you...Historically speaking, taxes are very low right now (the lowest in 60 years according to the Tax Policy Center), and while they'll probably increase a bit over the next couple years, they will continue to be low relative to recent levels of taxation in this country.All that said, reducing Federal income tax at the lower end of the income spectrum would hopefully alleviate some of the pressure middle class folks are having making ends meet and ensuring their families have the basic necessities -- a good thing in my book...

Using the net leftover from A & B & C (rent - 50% for costs etc) to reduce the finance owing on property C and pay it off as quickly as possible then replicate it again with another & another thereby building a portfolio and gaining an income over time plus building asset wealth with capital growth regardless of how much it may be.So far everyone has told me I'm crazy as I should be borrowing as much as possible for taxation purposes & to limit liability should the unfortunate happen.