I am a Gamecock fan to and have been so excited all week about the win and Beamer ball for our team!

We win some and we loose some.

On traditional flips, you will normally pay ordinary income tax on any gain upon the sale since this is considered "active income" which means you pay whatever your individual income tax rate is on the profit.When it comes to flipping, there is so much involved from the tax side that you really need to talk to a good CPA that specialized in real estate and pay whatever they want you to to help you time things correctly and structure the deals so that you win. 

Even some of the multi-state players adapt to the needs of the local markets.Nathan shared some good advice.

Each player starts out with $1500You play a few rounds and each team owns some properties etc but there are still on properties on the board which we will say get auctioned.

It’s more likely they’ll agree to a lower price if you make them silence throws them off balance.When the turtle wins the raceSometimes, you can take this to the extreme.

This was a tremendous win for real estate investors, and it provides a unique opportunity for the passive investor to take advantage of tremendous passive losses the first year they invest in an investment through the syndication model.In the same example as above ($375,000 house with land worth $100,000), your depreciation expense could be closer to $100,000 in the first year compared to the $10,000 per year for $27.5 years.

In many ways i am with them for the wins and loss's without having to spend my own money.

I have a seller who has accepted the terms to the seller finance deal its a Win-Win situation.

And I know this is a place we’re we have flippers and investors so, this is a cut throat business we are all in and some make it and some don’t, some eat each other up and others win.. thanks