The challenge of this kind of investing is that there are fluctuations in the market that you have to ignore and you need to hold the investment for a while before you can realize any gains.

. .it amazes me how people expect to gain people's trust when the are so blatently sneaky.

So when Grandma or Grand Pa are sick or need more attention, they don't have to leave their frinds and family.

Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a home at lease 2 yrs for capital gains?

save money to join your local rei club.use the local library to gain access to free books and audio/cd (listen to them in your car).as far as dealing with your husband - just educate yourself. it'd be tough to give you marital advice because of the lack of information. you'd need to give more info.

I am already working with a Realtor, but I would welcomethe opportunity to gain experience from an expert in thislocality.

I also recently gained MLS access and am looking for advantages for my venture into real estate.

Some projects/investments will require more of your time/attention/management than others.

I put in about 10k of my own money into rehab work to increase the value of my property by approximately 23k.How do I realize this 23k gain without selling?

Will it be short term capital gains (and if so, what %), or will it be counted as regular income (and therefore my tax would be 200k plus my regular salary, which is 50k?)?