by Al Aiello, CPA, MS Taxation | Nov 19, 2013 | Real Estate Tax Strategies
When you get into “selling” scenarios (like wholesaling, retailing, options, lease options), the IRS (or your CPA) may try to classify you as a real estate “dealer.” Being tagged as a “dealer” could be a financial disaster because unlike a real...
by Jim Ingersoll | Mar 11, 2013 | Finding Buyers, House Flipping/Wholesaling, Real Estate Investing Strategies
When you buy houses to fix and flip, one key to your success is to buy the worst house in a nice neighborhood. If you can buy the house at the right price and create value with the right renovations, you’ll be able to sell the house and create a nice payday for...
