I've been reading books and listening to CD's we've attended a CAREI meeting and I'm looking to participate in the group Mark mentioned below, with my primary focus being short sales and working with distressed homeowners.

Just when I think I've got it narrowed down, I'll read another book or blog and I'll want to check that out and get all absorbed by that idea.I just want to START already, but WHERE!?!

Book keeping, tax treatments etc are better handled by professionals and at least one consultation with these professionals can always help.

However, in a rental company the house is a depreciable asset and it would make sense that any amount over book value received from a sale should be taxed at the capital gains rate.

I'm not the type of person to read books about taking action and forums ad nauseum.

BP recently began offering a book written by a veteran RE investor - J.

And finally -you may wanna check out "The Book on Flipping Houses" which was recently released by BiggerPockets and written by J Scott.

I'm a real-estate investor out of Colorado looking for any must reads, books or courses etc that pertain to short-sales.

I was polite but made sure to mention I probably bring in twice per year what you do so never judge a book buy it's cover.

Otherwise swap cooling is what I'd put.