@Nathan G.

Quote from @Nathan G.: Quote from @Durga Prasad: First post here, thanks for the wealth of knowledge, I am facing a very challenging situation, hopefully experts can weigh in…I currently have a SFH in a great location, excellent school district, have been renting it out for the last 3 years, and have a good cash flow.

@Luke G., As long as your purchase is at least equal to the aggregate of your sales. 

@Jeff G. thanks for the clarification.

I ha lve over 100 now, so the bad gets absorbed into the good so lo g as you run things right and don't get greedy or rents or stingy on rehab/maintenace. 

A couple of tips I might give you is like @Nathan G. suggests, start attending some of the area networking groups for REIA. 

Quote from @Nathan G.: Quote from @Andrew Koster: I am going to try and keep this somewhat short yet detailed as much as possible.

Quote from @Dave G.: @Mary Jay what you're talking about is capital gains and this applies to equity investments (and probably art, rare cars, etc) as well. 

@Nathan G. is correct when he says "greatly exaggerated" unless you want to set up a maze of companies to really shield yourself.One benefit to having an LLC setup is it does open the door to private / institutional funding if you are looking for options outside of what banks have to offer.  

Quote from @Nathan G.: Quote from @Akshar Deri: Hi Friends,My name is KP and I live in Atlanta GA.