My plan is to make these the first steps in a successful career in real state and to gain as much knowledge as possible so any tips or advise would be greatly appreciated.

I'd say flipping is more tax punitive than offering tax advantages, but at the end of the day what you net is what's most important, and you can earn sizable net gains flipping as well.

Are you looking to gain experience in remodeling and renovation?  

Inglewood investing and a comp to show specificsHey all, I've posted some details from a deal I just closed on, and if you look at the metrics, the signs continue to point to a strong cash flow outlook on the NFL's ne...

Hello all,My partner and I are considering a flip to gain a little more capital for our ultimate goal (18+ unit apartment).  

I joined BP to gain as much knowledge on REI as possible.

That way you both gain experience in the business, learn creative ways to find lending, the pitfalls of REI (not like you see on the TV shows) and you can possibly have input on the layout of the property, which could be valuable selling point in the future. 

Would it possible for my parents to transfer the 100k to the account of an LLC in my name while avoiding capital gains taxes?

Looking forward to any insight I may gain here.

I'm sure it has been asked numerous times in the past, but for some reason I can't seem to find it.I have been lurking through hubzu and doing research (watching listings and making notes) to gain some rough numbers on what is happening with the properties I am interested in.