I'm wondering when my business broker is gonna get a contract on the 2nd business that I will have built up and sold in the past 3 years, Wondering what my next business venture will be and how I can build it up and sell it off.

The contractor will do the work and when the house is sold we shall split the profit.This is high level based on my thoughts, i am looking for experts here to give me tips; financial (how to calculate splitting the profit), legal, accounting, project management etc.

The most recent sold duplex's in this area were in Jan and Feb of 2017, and were for $80K (and half the $/sq ft.. ).

The plan was I would help finance and be a private money lender and he is a general contractor that together we would share the profits from a flip or he would buy me out for a rental. 

I.e. originally listed for $450, expired off market in Nov at $425k, relisted at $425k and sold for 435.

Seller kept making the mortgagepayment, I rehabbed the house, I sold it.

REO’s are typically sold with a Special Warrany Deed and with title insurance....the auction terms usually tell you.

I’ve been using turbo tax previously but I’ve sold and acquired property in the last year so I want to make sure I am maximizing my benefit.

Under promise, over deliver This was the year I started reaching out to private individuals for money to fund my deals.

I sold my home of 17 years and used the profits to buy a home, VA Financing, and put 20% down on another home that is renting for 147% more than the mortgage.