An NPO LOB focused on community improvement.Donate your profits to the NPO.

Now, any period of rental use after Dec 31, 2008 is a period of non-qualified use and the portion of your sale profit allocated to the period of non-qualified use is not eligible for the capital gain exclusion.

I am supposed to be receiving the current profit-loss today on two properties.

When you have another company playing the middle-man in the transaction, they are going to take some/much/all of the profit for themselves and pass the rest (if any) on to you.

Then, you could pay yourself a "salary" for management, and take the rest of the profits as dividends.

If your wholesaling the property, reduce the MAO for your profit.

I would really look into how you can make a profit from these homes before buying one.

Didn't lose $$$ but made almost no profit.

Based on the NOI, I would still be able to pay back the hard money at a 15% rate in 2 years as I already did the math, and still end up with a decent profit.

Every dollar you put into that house is coming out of your profit.