Purchases and capital improvements are not reported on your tax return, but instead, are reflected in your deprecation expense or in your sale profit.

We will split profits.

Holding on to such property will eventually turn extremely profitable,yes?

this is a great way to profit from Sub2's.Once you've done the sub2 with the seller and placed tenants you can easily sell to another investor for an assignment fee.search through some of the other Sub2 wholesaling topics brought up, I've gone into some detail about them before.

Although, I specialize with hard money loans, I come from a technical background in programming before micros were born.There are many factors and many have their opinions on this topic as well those who only suggest and recommends only stuff they can profit from.Look at web development programs as a tool to build a house then there are other tools to maximize building a house in your toobox, same as web development.Primary tool though is your web publishing tool. this allows you to build a website.There were some good suggestions here, but each have their pros and cons.I went from frontpage to xsitepro myself.Why !

I would take profits after each day the DOW ends on a high note.

The disadvantage of a shortsale is that your profit is in direct proportion to what you can negotiate with the bank and shortsales take a LOT OF TIME AND EFFORT to negotiate.

Seems that the war "against" drugs can also be profitable.....From what I see, money is being made from all sides!

Example, how many bills will a person pay off by getting a minimum wage paycheck vs profits from deals (not saying you can't do both).

But those I know with the greatest net worth would never fall into the greedy category.Are you a greedy investor because you want a fair profit on your investment, of course not.