However it could be a great tax saver if flipping is your sole source of income and retirement contributions are not a major priority for you right now.There is no cookie cutter approach to real estate taxation.  

Background: I was always interested in accumulating wealth at a young age, but fell victim to the cookie cutter mentality of 1) go to college 2) get a good job 3) and die.

so it's taken me 5 months and lots of tears on other rehabs, but we finally finished this one.here are some pictures of the final product. if you have seen pics of our other houses, the interior starts to look like a cookie cutter home. same colors, same finishes, same, same, same..so i hope you like them.listed 30 mins ago on poslets for $1,075, we accept petsi have to look at the numbers when i get home from vacation, but i think it was around 10 to fix. who cares, really. what needed to be done got done. at this point, it just snowballs and the rest pay for the new acquisitions. i love keeping my subs busy, i just love it.

I use this one http://www.amazon.com/QEP-10-35-Laminate-Cutter/dp...I've been happy with it.

Read your landlord tenant law in INDhttp://www.nolo.com/legal-encyclopedia/overview-la...http://www.nolo.com/legal-encyclopedia/top-8-landl...http://www.nolo.com/legal-encyclopedia/tenants-rig...https://www.landlordology.com/indiana-landlord-ten...http://www.in.gov/isdh/files/Tenants_Rights_doc.pd...

Found guilty in conspiring with 20 other traders and brokers to rig LIBOR to benefit his own trading positions, Tom Hayes was finally convicted and sentenced to 14 years in prison by a U.K. judge.

When you use cookie cutter sites they can be devalued by search engines because it may appear to their crawlers that you have a site that is exactly like all these other people.

But a big rig??? 

The house is located in a cookie cutter neighborhood of only a few different house designs. 

So here's the combined numbers for both props on a monthly basis.Purchase Price For both Properties: $120,000Gross Income (both properties): $5,965Gross Effective Income (10% Vacancy rate): $5,368.50 Net Operating Expenses: $2741.31- Cable - $50 (it's gerry rigged)- Water - $435- Electricity - $450 (3 months during the summer its $800 a month)- Dumpster Fee - $185- Fire Insurance - $41- Property Mngmt - 7% (I will use professional management)- Taxes: $363.34- Maintenance: $800Net Operating Income: $2,627.19Capital Improvements: $25,000 (roof, foundation, paint, flooring)The owner combines all expenses for both properties because they are side by side.