$$$ Profits await!

Maybe worse is you are making a profit through being in the middle and you expect a commission in addition.

Maybe cash you earned doing short term deals so profits that are being reinvested.2.

To do this profitably I need to come to market with a nice property that is competing with great prices and inventory.

I can take the profit and put it in a self diredted IRA.

Hence income after expenses (gross profit), lots of assets that can be sold off and other things are going to be important.John CoreyPS.

When real estate is held by an LLC of a husband and wife in a community property state, and then sold at a profit after being held for at least one year, does the LLC qualify for Capital Gains Treatment of the gain?

Estimating a $65K purchase price with $95K ARV, after $10K of xactn cost, there's $20K of room to move in there for repairs and profit, and plenty of homes to pick from.What would you do?

I just made $10,000 + on a wohlesale deal and I split profits with a partner of mine.

If push came to shove and they really only would do the deal with cash in their hands then I would pay them after I made a profit.