If your vacation home happens to be located near a major event — like a PGA golf tournament or a big multi-day concert — you may be able to rent the place out for a short period even at high rates and pay zero federal income tax.Tax-smart year-end strategy: The more rental days between now and year-end, the better — as long as they don’t exceed 14 days for the year.Rented more than 14 days with substantial personal useYour vacation home falls into this category if you rent it for more than 14 days during the year and your personal use exceeds the greater of:(1) 14 days or (2) 10% of the rental days.

I just thought the smart thing to do would be to take the profits from selling my house.

I think you are smart for asking for extra eyes on the deal.

One that I use is called "my smart move".

I guess with experience comes smarts, and Over the last couple of years have realized that real estate is a people business.

If you are a smart, energetic guy, you have everything you need to learn about real estate investing - a strategy that makes sense to you based on your skills, network, location, etc. - and partner with someone who has an investing problem, not a cash problem.

Hello BP friends-  Looking for input from you smart folks. 

After a while you get worn down (I actually got sick for 2 months with a version of Mono) so you need to be smart but time management is a skill most people lack.

Just be smart, but..   

To be a smart investor, know what the FMV (Fair Market Value) is for each neighbourhood is in your city.