@Dave Stokley good point haha..I am usually the cynic but I think him being a marine hit a soft spot

Chase moved WAMU executives retirement accounts (previously fully funded $800 million) into rabbi trusts, took the money, and later bankrupted retirement accounts.TPG survived the hit.

What @Ryan Meuer and @DaveyV said hits home, so I appreciate y’all taking the time to help a newbie like me out!

So, you get to know about investors who are selling their properties way prior to the news hitting the market!

The rest of the year is much more hit and miss.

@Joe SplitrockYou hit the nail on the head!

I have worked with my CPA to do as much as I can to mitigate capital gains taxes from the sale of one of our investment properties, because, after ton of 'spreadsheeting' various scenarios, even with a minor tax hit (ie not being able to/not wanting to use 1031 exchange from my house sale to roll into a TIC/DST/other 'like' asset) our capital will still outperform returns I would have had if just leaving it in this rental.

With that said, the idea of being able to help somebody hoping to retire soon avoid a big tax hit like the one that would occur with selling an asset is definitely appealing as well as, hopefully, the possibility of purchasing an already rented property and removing that stress from the equation.

it also hits their credit report and well, since they purchased a home, with the Judgement you can attach to the house (lien) and when they sell you will get paid w/interest..Good luck!

If you really want to learn how to wholesale the right way, network, read books, hit the forums and see the wholesaler hate, and figure out the best way to do it honestly and help people who don't want to list their homes, but also within the rules of the state, which are different everywhere.