Return to article: How to Cash Out on an Investment Property
on 8/5/2008 I enjoyed reading your article, and I hope that others will follow this advice as well. I used to this as well, but I did it in a market where the housing industry took a down-turn, and I was left holding a few of the properties. I rented them, and still have them, but I have to wait a while for the market to come back so I can sell them. It is important to note that anyone doing more than 3 homes per year will be considered by the government as a home-flipper, and you will get taxed extra heavily on the income. I would also recommend that anyone looking to do this gets in with a really good real estate agent who can let you know about the real estate history in an area before you decide to flip houses in that area. Great article! 5-stars!
on 7/21/2008 Great know how for the future! Thanks!
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