There is very little that is on us for the application process.

The choice depends on their priorities simplicity now or long-term tax advantages.

Or should I sell and move on? 

While it's exciting to cash in on a successful investment, the looming capital gains taxes can significantly cut into your profits.

The market is on fire because of great macroeconomics - population growth, job growth, and companies moving and developing here like Intel, Google, Facebook, Amazon, Honda, etc.

@Michael Plaks @Sean O'Keefe what is your opinion on the following? 

I have recently been applying to jobs that teach and train real estate agents to wholesale, looks like it could a good opportunity on account that they have the capital. 

Short, sweet and right on the mark.

There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes all property types and price ranges.

A popular formula is to analyze the "70% Rule" (70% of ARV minus repairs) for a flip, while focusing on cash-on-cash return for holding.