How does one go about acquiring the skills needed to renovate a property.

Looking to develop flipping skills and increase the number of income generating rental properties under my belt.

One other obstacle is that you need to find a willing donee, and they have to be an approved IRS organization.

We are fortunate to work with many skilled and honorable flippers, who also work their butts off – a skill I have much respect for, and earn every dime they make.

At any time during the last half of the tax year, more than 50% in value of the corporation's outstanding stock is directly or indirectly owned by five or fewer individuals.For purposes of this requirement, the following organizations are considered individuals.A qualified pension, profit-sharing, or stock bonus plan described in section 401(a).A trust described in section 501(c)(17) that provides for the payment of supplemental unemployment compensation under certain conditions.A private foundation described in section 509(a).A part of a trust permanently set aside or exclusively used for the purpose described in section 642(c).Exceptions.

I'd say that developing a vibrant community does require you to be there constantly, organizing events, creating connections, services etc..so way more mgmt intensive compared to my rentals.

To know how much a rehab would cost, you need to consider the scope of work, the finish level, the specific contractors, the location, the time of year, your negotiation skills, etc.

Hello all,I have been contacted by a non-profit organization who is interested in renting one of our single family properties for 3 of their employees.

But in our market, they are just as often the guys who aren't big enough or organized enough to get their supplies delivered.

The organization is lacking in an effort to keep prices high.