All of my rentals have positive cash flow before the depreciation is taken out and my corporation always shows a gain but very little after all my write offs.

Hope to gain a lot of knowledge and make new aquaintances from not only my area but also all over the country...Scott...

Great investment class that deserves the attention of any serious investor.

Real Estate Services do have specific definitions, and usually involve those things required to effect the sale of the property, not just bringing buyer and seller together.If, as a bird dog, you are simply finding a property and bringing it to the attention of someone else, and not involved with negotiations, or "performing real estate services," that are needed to actually transfer property from seller to buyer, there are no laws against that.If I'm wrong, here, I'd love to read the statute that requires a license to say "Hey, Joe Investor, there's a vacant house on 13th Street.

I was wondering if it was illegal to advertise REO properties to gain perspective buyers without having purchased property or put a bid in.

This lets you avoid capital gains taxes on up to $250K for one person, $500K for a couple.

There are three ways that CPAs argue for holding the properties to avoid short term capital gains: 1.

Focusing on Public works and the Army Corps of Engineers.Faze out Tax Breaks based on Income.Return Capital Gains tax to the same as income, with the ability to write off all Losses against Income.Restructure Business Taxes to encourage Entrepreneurs.

These guys are smart as hell, and other pvt equity funds are committing multi-hundred million dollar amounts INITIALLY to buying bulk REO, rehabbing, and renting, cashing 10% coupons while the market recovers and delivers nice gains down the road.

I am also willing to give back to this network and the industry once I start to gain knowledge.Thanks in advance your you time and input.Have a great day!