The purpose of this tax is to level the playing field for tax-paying businesses and prevent tax-exempts from driving them out of business.When you add debt-financing, which introduces its own layer of taxation, forget about it.Being a lender to other flippers with the IRA is the better approach, as interest income is passive in nature and not subject to taxation.

Since I have no stake in the Jersey Shore, not sure if the same scenario is playing out there. 

Ask a mechanic for career advice he's likely to be able to tell you how to become a mechanic.Ask a postal worker for career advice he's likely to be able to tell you how to become a postal worker.Ask Tiger Woods how to play a better game of golf he's likely to be able to tell you how to do it, ask him how to be a better real estate investor, and you probably won't get the best advice.How many rental properties does Mr.

Fractured condos are a very risky long term play.

No one knows how it will play out.

I think @Jay Hinrichs can attest to that, virtually every one of his posts reeks of even-handedness and fair play :) 

Additionally areas that are more speculative will likely soften as investors who are holding the properties for flips or appreciation plays back out.

It’s certainly possible, you just have to figure out how to make the most out of your time and play to your strengths!

Home is even right next door to the neighborhood park for your kids to play.

In my mind right now this comes into play on finding investors for current deals we have in the works.