by Brandon Reynolds | Nov 29, 2018 | House Flipping/Wholesaling, Real Estate Investment How-to Articles
One of the ways to earn huge profits in the real estate market is through flipping houses. Like any investment endeavor, however, it involves lots of work and risks. It is important to approach this carefully and with as much knowledge as possible. So how...
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 25, 2013 | Creative Real Estate Investing, House Flipping/Wholesaling, No Money Down
Congratulations! You recognize that today’s real estate investing opportunities are the best that we have experienced in many years. But real estate appears to be so complicated and risky that you never do your first deal. Many new real estate investors get stuck at...
by Phil Pustejovsky | Feb 13, 2013 | House Flipping/Wholesaling, Real Estate Investing Strategies
The biggest mistake most flippers make can be so easy to avoid, yet so costly when it occurs. Newbies and veterans alike make it and, unfortunately, flippers rarely recognize it as a mistake at all. Instead, they tend to blame the economy, the market, or just plain...
by Phil Pustejovsky | Jan 21, 2013 | House Flipping/Wholesaling, Real Estate Investing Strategies
If you define flipping as buying a dilapidated property, completely renovating it, and then reselling it, then such a noble act as turning a neighborhood eyesore into a beautiful home is hardly an ethical question. However, if you define flipping as getting properties...