@Cole Britting that one is a little different. 

Originally posted by @Patrick Crehan:@Brit HaleI am in Cincinnati.. the market here is fairly forgiving.

(I actually wont touch properties this cheap at all since I lose money on them)Nothing else looks out of the ordinary.

If this was just an ordinary old vacant home and our circumstances were different we would be likely to respond to the mailer. 

I would much rather pay ordinary income on my money, put it in a roth, then enjoy all of my capital gains tax free.

By the way, if you are a RE pro, as class. by IRS, most of your income is derived from RE investments, not other ordinary income, and therefore, a classification of active investor is sufficient for you.

Any gains are treated as capital gains, which are subject to a lower tax rate than ordinary income.

As Flipping generated ordinary income, you will be subject to self-employment taxes. 

@Patrick Philip   Don't want to pay 50% of my $130,000 gain in ordinary income tax.  

Standard mail campaign, just a letter, nothing fancy or out of the ordinary.