Now selling within 1 year will always be a short term capital gain, which will always be taxed at your higher income tax level and not at the 15% long term capital gain rate.

As has been pointed out a number of times, when you filter down to a good candidate property, you still need to perform due diligence and to run the numbers at a lower level of detail.

Their realty is different then yours and their responsibility level too.It just sounds like your property is in an area that will attract these types of deadbeat tenants.

Shee need to find the level of commission split, company fees, company support, and training that she needs to become a good agent.

Should my next move be the fixer upper or the duplex?

We as humans have a habit of gravitating to our own levels of comfort.

Usually while attending classes you encounter individuals at various levels of the real estate industry.

I live in Texas want to get into real estate I have about 25K and intrested in all levels renting, rehabs and flipping, building from ground up which would come later when cash is avail.???

Many people (and I'll probably be accused of being one of them) try to overcomplicate the note.Take a college level course that deals with BONDS.

So I designed my own home idea using MS Paint, priced the material and estimated labor and find this is a good I dea if I can manage building a plumb and level wall.Recently the idea was to spend most of my money on land in Colorado and place a RV/trailer along with a few solar panels to charge the batteries, but this wouldn't really do anything unless I was willing to place a well and septic system.You can say I'm in a situation here, and I have no idea of how to handle it.