I just read a post where someone said you may have to pay SET on income from flips. Is that true?

Hi all,

For all of you that are buying-rehabbing-retailing houses, are you using a General Contractor on your deals or are you managing the sub-contractors on your own?

And as a follow-up to that, are most of you do...

I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...

I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...

I thought some of you may enjoy this:

Animated Take On The Federal Reserve

What is sad is that Fed policy is funny now...good times!

Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...

Just spent the day looking at 6-7 foreclosures I've found online.

Some looked good, and some looked over valued. I called the realtor handling the sale and asked for the asking price, to make sure my prices added up ...

I ran across this that came out of the Special Superior Court for Complex Business Cases, Cumberland County, NC.

Preamble: "An old saying declares that “the cobbler’s children have no shoes.” Lawyers may suffer from...

Hi MHP/mobile folks.  I'm looking to buy a 50+ mobile home park in GA this year.  Along the way a broker presented a large land-mobile home deal, around 50 or more land-homes.  A land-home operator is similar to a lot...

My wife and I are looking to do a 1031 exchange on a property we have in escrow. We stand to net approximately $1.5M in profit, and we are looking to roll it into a long term investment. Ideally, we would like to ...