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How to Report House Flipping on Tax Return

How to Report House Flipping on Tax Return

Flipping Houses
In this episode, you will discover my unique way to how to report house flipping on tax return. Most people trying to build a a house flipping business are often involved in the wrong questions. Actually, this topic is one of them. Regardless, I've taken the time to answer the question without replacing your professional CPA. First of all, here is a quick disclaimer. Consult your professional CPA for professional advice as the information in this email are simply my opinion from an active real estate marketers stand point. FOCUS The first thing is to make sure you are FOCUSed on activities that create sales and revenue back to back. It's the one single thing that you keep you out of trouble with Uncle Sam and his disciples. 50% Any…
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How to Start a House Flipping Business Making $10K-$20K Per Month

How to Start a House Flipping Business Making $10K-$20K Per Month

Flipping Houses
Want to DISCOVER how to start a house flipping business and start making $10K - $20K per deal like the gurus? Here are the first 4 steps in order... EDUCATION You deserve to know what you are doing so education is very important not just in the beginning of your house flipping business, but always. JOIN A LOCAL REIA (Real Estate Investors Association) This is the place where you start learning everything from the streets stand point. It can be quite different from what you learn from the gurus and the textbooks. START LIST BUILDING FOR BUYERS The fast route to your first deal and consistent deals is to master the building a list of buyers and investors. START MARKETING TO ATTRACT MOTIVATED SELLERS Once you close your first deal,…
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Flipping Houses for a Living Making $10K-$20K Per Month

Flipping Houses for a Living Making $10K-$20K Per Month

Flipping Houses
Want to learn how to flipping houses for a living making $10K-$20K per month in a recession proof? CASH FLOW MANAGEMENT The solution I present to you in this video is presented in particular to solve the problem of cash flow that I faced when I was faced with recession back in 2008. LIST BUILDING The primary solution to the problem of lack of healthy cash flow that can keep you in business even in the midst of recession is list building. I cover the "how to" in details inside my book "Empire Lifestyle Secrets" which you can download absolutely for free at: ►►► http://myEmpirePRO.com RESIDENTIAL RENTAL PROPERTIES This is the only entity that continues to produce in the real estate business in the midst of a recession and you…
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House Flipping Business Plan [A $10K – $20K Per Deal Plan]

House Flipping Business Plan [A $10K – $20K Per Deal Plan]

Flipping Houses
In this video, I reveal 7 questions you must answer in order to create a profitable House Flipping Business Plan. 1. WHO I know that house flipping involves a seller on one side and a buyer on the other side. But that's not good enough. You have to be definitive about WHO you can add value to and help solve a problem 2. WHAT What problem are you trying to solve for a motivated seller and for an end buyer who may be a savvy investor or a first time buyer? 3. WHY Why should a prospect sign a contract to sell you a property? The only way to get access to this information is by listening to the seller tell you a story. WATCH THE VIDEO to learn how…
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How to Get Started Flipping Houses [$10K – $20K Per Deal]

How to Get Started Flipping Houses [$10K – $20K Per Deal]

Flipping Houses
Wanna learn How to Get Started Flipping Houses and make 5 figure income from closing deals monthly? Well in this episode, I tell you the story how I got started started from the signs from my childhood days that I was a self starter. Then I get into the details of my transition from graduating college with a Masters degree to closing my first deal in December 2005 where I made $10,000. I also talk about the mentorship that I chose to use to get the ball rolling amongst many that I encountered. After the story, I summarized the 5 things you should pay attention with the most important on which is list building of buyers for the market place. (The only guaranteed way to build a thriving business.) I…
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What is Wholesale House Flipping & How to Make $10K-$20K Flipping Houses?

What is Wholesale House Flipping & How to Make $10K-$20K Flipping Houses?

Flipping Houses
Finally, what is wholesale house flipping? More importantly, how can you setup a wholesale house flipping business that makes $10K-$20K per seal every month? There are 5 important steps to doing it and I want to share it with you right now right here. Take the time to watch this video as I have taken the time to explain the wholesale house flipping business elaborately. 1. FIND DEALS & PUT UNDER CONTRACT This is single most important thing that you get paid for as a real estate wholesaler. 2. IN-BUILT EQUITY You now know that you get paid for finding deals and putting them under contract. But what is a deal? A deal is an opportunity to purchase a property with in-built equity in it. That means being able to…
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How to Find Investors for House Flipping to Pay you $10K-$20K Per Deal

How to Find Investors for House Flipping to Pay you $10K-$20K Per Deal

Flipping Houses
Would you like to know how to find investors for house flipping and your real estate wholesaling business? I'll show you how but before I do that... let me share a big mistakes that most people make while trying to find investors that makes them work in vein. NO CASH BUYERS There is no such thing as cash buyers in a thriving real estate wholesaling business. I know the gurus have told you that they have a network of people with cash who will buy all the deals that you find. If you have been in this business long enough, you've found out that it's a BIG LIE; 99.99% of "cash buyers" will not buy your deals. But that's not the end for you... I've come up with a solution…
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House Flipping Classes Available Online –  – How to Make $10K – $20K Per Deal

House Flipping Classes Available Online – – How to Make $10K – $20K Per Deal

Flipping Houses
There are tons of house flipping classes out in the market place but allow me to share something profound with you before sharing what I think are the best classes available to you. May be a little bias but true... House flipping involve buying and selling houses from profits in the shortest amount of time. So in essence, you need sellers and you need buyers. Therefore the main problem you should be solving is marketing to sellers and marketing to buyers. Your primary responsibility as an entrepreneur is to market. But then again there is another problem. Marketing can be very costly when all you do is spend money to get attention one time, you will lose BIG TIME. With this new class(es) at www.EmpireTrafficAcademy.com , the primary objective of…
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How to Get into House Flipping & Start Making $10K-$20K Per Deal

How to Get into House Flipping & Start Making $10K-$20K Per Deal

Flipping Houses
Wanna leant how to get into house flipping? Let me share with you the 4 fastest way to NOT just get in but hit the ground running house flipping and closing $10K - $20K deals monthly. 1. Investing in Yourself There is one 'M' before the next 2 'M's. It's mindset. You have to invest time and possibly money into on-going and perpetual personal self development to win in the house flipping game. 2. Invest in Mentorship Do you notice that I said "invest in mentorship" and not "find a mentor". The mistake that most people make when seeking a mentor is approaching a prospective mentor without a plan to add value. As usual, you can invest time and possibly money into your mentors life. It can be as simple…
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How to Start Flipping Houses With NO Money

How to Start Flipping Houses With NO Money

Flipping Houses
Want to learn how to Start Flipping Houses With NO Money? Here is the formula: F.i X L.U.C = $5K to 20K Days F - Find deals i - Identify deals So what is a deal? In order to find and identify deals, you need to know what a deal is. In this video, I take the time to break down what a deal is but I also explain why there are exceptions to every rule. However if you do not know the rule of the house flipping for profits game, the exception to the rules will be irrelevant to you. So 2 things to discover in this video: * What is a deal? * What are the rules? For the last part of the flipping houses with no money…
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