On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.

I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals.

Remember last summer when mortgage rates briefly dipped, and it looked like more homeowners might finally list their properties?

It was just brought to my attention this morning that the marketing email didn't specifically outline a final date to register with the exclusive early access discount.

Of course to maximize your tax benefit it needs to be sustainable over time. 

Congratulations, you get to share your partners tax burden and pay the depreciation recapture at ordinary income rates. 

The fact that you have a TAX-FREE income is crazy good.  

The way I finally found success was through repetition and then building systems as you repeat to help you scale...

My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

Since the loan is still in your name, you can deduct the interest you’re paying to the lenderon your tax return...