http://finance.yahoo.com/news/master-house-flipper-points-3-140000981.html

Appreciate the heads up.

Where are you headed? 

I was told by my Docter that I was in good shape for about 30 years and my Chiropractor told me to get a MRI of my head and that is when we saw that possible problem that could be fixed by a specialist.

As far as the water goes, low flow shower head and air faucet aerators, save about 15% in consumption.

You guys pretty well hit the nail on the head.

My intention was not to say anything that was going to "go over anyone's head".Lastly, I created this thread in a Washington State forum in hopes of hearing from local wholesalers or investors...but thanks for the reply. 

@Natalie Kolodij hits the nail on the head on pretty much every aspect of her post.Your flip is ordinary income, not capital gains.  

Hey All,Been doing a lot of research and trying to wrap my head around the idea of the BRRR strat right before a recession or economic downturn.

Uniquely, however, we need a true owners unit give the four person family I head (me, wife, and two young kids).