Reinvesting it has no effect on the tax.Reinvestment within that activity, such as if you have a rental and if you spend that 15k to repair the house, which is expense, you wash out your income. 

7.If you like the property, are you willing to fill out an application for a credit, criminal, and eviction history report?

Ordinance in Cleveland makes it a first degree misdemeanor to buy property in an LLC without registering the LLC to do business in Ohio.  Know of an LLC that just got convicted on two counts.  $500 fine for each count...

How do you prescreen tenants at first contact, and do you have a form for providing for a full criminal background and credit check?

I have no background in real estate other than buying and selling three different family homes, but the podcasts have turned me into an addict and now I'm actively trying to hunt down my first cash-flowing rental. 

I’ve noticed that it’s hard to get info on more advanced topics on this site, because when you ask questions that are more advanced they don’t normally get any engagement. Am I the only one experiencing this? Does any...

It's a great way to earn solid returns as well while not actively doing anything.

Hey @Latrell Anderson,I've met a wholesaler who's actively seeking deals in Eagan/APple Valley/Burnsville, we're up in Edina (494 / 100Would love to meet you sometime.

Yes, as an active investor in Metro Atlanta, I absolutely do have three recommendations on how to get steady business:Be Mobile - You probably already know that attorneys that do in-house mortgage closings already have a notary on staff.

I've been slow to participate in the community, but am tying to be more active and not 'lurk' like in the past.