when you flipping houses yes its ordinary income and if your self employed there is some sei tax or maybe that went a way with tax reform.. but yes you get taxed at what ever rate your income is.

My wind up plunking down two mortgage application fees.When we were ready to resume our acquisitions, it was in the middle of a real estate crash.

BP contains all types of great info and even GREATER people!

I have a self directed Roth IRA with Fidelity, however, I can invest in anything but real estate.

I bought my first property (a 4-unit building) with my VA Loan while I was still in the Army and self-managed.

I am now looking into buying my 2nd property and want to start transitioning into self management.What is your guys, personal favorite all in one management software?

It is far better if the landlord just lets Tina out of her lease, and accepts Sam as a new tenant.Or, the landlord might let Tina out of her lease, accept Sam as a new tenant, but also require Tina to guarantee Sam's lease for the final six months (using my example) of Tina's lease term.Either one of these accomplishes everybody's goals without getting into messy technicalities that come about with a sublease.Most leases contain prohibitions against subleasing without the landlord's consent.Many leases charge a one-time fee if the tenant subleases, or is let out of their lease and a new tenant accepted.That is because the situation causes extra work and risk for the landlord. 

My tenants filled out an application and have only 1 email address for the couple (yes, I know they are free but this is not the 1st time I have encountered this as an agent).  

Only seeking applicants with extensive experience in this space.

I do a lot of 'self help', business, history and biographies.