So, its still very valuable.

Also, sales websites gain in equity, just like any successful business.

I am an agent and I want to gain direct access to a banks REO list.

Flipping and wholsaleing is taxed at much higher rates than a buy and hold strategy as the cash flow is taxed at passive income ratios and the gain from the sell (after 365 days) is taxed at long term cap gains rates, currently at 15%.Jsut food for thought.

when you find yourself coveting Donald Trump's hair piece......... even though you have a full head of hair.when, while telling the priest in the church confessional that you're going the straight and narrow and giving up the mistress, you find yourself preoccupied with calculating the the additional revenue the apt you provided her will bring in.when you begin fantasizing that global warming and the melting of the polar ice caps may some day turn your troubled lower income properties into valuable beach front properties.

W I T N E S S E T H :WHEREAS, Assignor has entered into a certain Real Estate Purchase and Sale Agreement with __________ as "Seller" and Assignor as "Buyer" which Agreement was executed on __________, by said Assignor and on __________, by said Seller for the purchase and sale of certain real property being, lying and situate in _____County, __________, and more particularly described in said Agreement, copy of said Agreement being attached hereto as Exhibit "A"; and,WHEREAS, Assignor desires to assign, transfer, sell and convey to Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement; and,WHEREAS, Assignee is desirous of receiving all of Assignor's right, title andinterest in, to and under said Real Estate Purchase and Sale Agreement;NOW, THEREFORE, for and in consideration of the sum of _________ Dollars ($___.00) and other good and valuable considerations, the receipt and sufficiency ofwhich are hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement.

Realistically your cash flow from those rentals would only be about 400 a month, but you've instantly gained at least 100k in unrealized equity.

From 02-06, anything you bought in CA turned into large gains inside of 6 months.

I know that anything put into the Rooth is not tax deductable (unless under some circumstances) and it is with a traditional.And I know that you are taxed on the money you gained for that year with a Rooth IRA (according to your tax bracket) but you do not get taxed when you pull out money.

It is time to network and gain some local market knowledge.