I expect to hear from Jon H soon :) Since the main benefit of the Roth is to allow gains to accumulate tax-free it seems counter-productive to do something that makes the gains taxable.

Right now my intentions would be to eventually be making 10k a month passive cashflow.

Thanks to BP I have leaned more about this niche and gained confidence to move to the next level, acquire and hold some properties and eventually have more freedom to do other things and pursue other passions.Once again Thank you BP and I'm looking forward to sharing my future with this amazing community!!!!

This information can also be gained by your local REIA meeting and speaking with other investors.e) Firm up your plan:- Where your target neighborhood/zip code will be.- Your desired price point.- Your desired level of rehab.

I know you stated that the value of both are currently similar but the reality is that as the market gains momentum the difference may become more of a concern down the road.

No longer need I feel lost, or forced to purchase the next course or mentoring program, to learn what I need to learn.Also thanks to BP, I have gained valuable resources, connections, advice, and even a prospect (for my notes business).BP is the best!

Going the 50/50 route where you split profits it takes years and years to gain tractions sometimes.

As I'm gaining more experience in investing and learning more I wonder what opportunities are out there for other related fields that could boost my skills as an investor.

I hope to gain this type of excitement also from the world of real estate, which so far seems to be a blast to me.

Therefore, since your total gain is less than $416,666, the entire gain is excluded for income tax purposes if you sell it this year.