Well, not so fast.For every successful flip, there is an account of some nightmare project that sucked the bank account of someone dry.

When it's sold it will be taxed as capital gains tax and may also have some unrecaptured depreciation which is capped at 25% and  recaptured depreciation as well which can be up to your ordinary income tax rate.

Had a good conversation about his assets in the area as well as the situation with the property.

Quote from @Ronit Lodd: Hi everyone,Curious to know if anyone with 10+ listings recommends a property management software that will keep up with scale, as well as could work well with Direct Bookings?

Believe me, things ALWAYS come out, no matter how well litigants think they've hidden them.

Based on rent of $1,695, I think you'll be lucky to get an appraised value of $160k with a CoC return well under 2%.

Lemos: Quote from @Jay Hinrichs: well there is a few ways you can do that.. and Assignment gives the world notice that you own your % as its recorded at the county recorder. 

You get an operation running well and then you can be benevolent.  

It is easy to provide well-intended 'bad' advice.My questions to you would be... 1.

Hello everyone, we know this post is a few months old now, however we are interested in the Ocala, FL market as well, primarily looking at LTR SFHs in the Silver Spring Shores, Heath Brook, or Marion Oaks neighborhoods.