According "Rich Dad" if you cant file a 1031 it would be considered 50/50 income (50 percent for you 50 percent for the government) Also I do all my deals under my LLC.

I am beginning to understand why a lot of people prefer community education over the seminars of gurus and their "Get rich" books.

Thanks @William Strong, @Rich Henry, III and @Jimmy Tu for your great advice and input!

Originally posted by Rich text editorRich text editor@Stephanie Walkes:I used C Brown for too long...

What I have noticed is most (most) of them seem to be blogging about their latest flip or a deal they got or one that fell through etc etc.My thought was I want to blog to drive motivated sellers to my website with keyword rich blogs and interesting topics because I don't think motivated sellers care about how much I made on my last flip or how long it took me or whatever.Do you blog about you or for them?

Been a while since i made it to a RICH event, sounds like a good reason to go.

Welcome to BP @Eddie Martinez Rich Dad Poor Dad has brought a lot of people here to BP.

Massey on his site http://cashflowdiary.com/ - It's about 50/50 real estate and motivational Rich Dad-ish plugs, but the podcast is short and pleasant.

Of course, money is a major factor, commitment, and consideration.End each day a little smarter than you began.Read the book “Rich Dad Poor Dad”.

Rich vs WealthAs I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.To illustrate, some professional U.S. athletes are paid millions each year to play their sport - they are rich; the owners of the teams are wealthy."