The business of flipping is not tax advantaged at all - if you're looking for tax advantage, then you probably want to look at buy and hold (passive income properties) or notes.

At the auction the certificate holder has no advantage.

And lastly I highly recommend becoming a Plus or Pro member of the site and take advantage of all that BP has to offer you.

And before I started in this biz, I already had the advantage of having personally owned 3 different houses (one of which was an REO fixer), had helped my dad build a house when I was younger, had taken "shop" classes in HS, had a BS and Master's in engineering plus over 10 years of engineering and project management experience.

From all of the reading on different niches I am pretty convinced that with my business/accounting background and my husband's background in structural engineering and construction that flipping is our best bet.I look forward to taking advantage of the wealth of information here on BP and getting started hunting for our first deal.

IMO one of the greatest advantages you can have with this path is a solid W-2 income.

It's always great to see another Hoosier taking advantage of this great site.

Hi All,We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting.

Plus there may be tax advantages to not earning so much profit all at once.

It's true that you can make money in real estate with poor credit, but the time will come when you find a deal that you will need good credit to take advantage of.