I have a quick question, I hope I can get answered; In order to get a clearer understanding of how taxes work in flipping houses. When getting taxed, do you get taxed on each house you flip, or do you get taxed in a l...

Hello BP,

What are you tax consequences on below situation purchasing property under Checkbook LLC.
Purchased owner financing commercial property with 2 partners (33% ownership each) for $1,250,000 with down payme...

http://www.youtube.com/watch?v=fRdLpem-AAs

The pendulum will swing again.

CPA

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