• Seattle Real Estate Home
• About RCG
• Seattle Agent Recommendations
• Linkation Linkation Linkation
• Archive

Real estate ‘flips’ can backfire September 26, 2005

The PI had an interesting article this weekend about how flipping real estate can backfire for the less experienced… The crux of their argument has been said many times before, but is worth repeating: “if you’re not careful with your real estate flips, your investment strategy could produce a sizable payoff for an unintended partner: the Internal Revenue Service.”

Check out these related posts:

• Real Simple Syndication (RSS) for Real Estate
• Tax Rules on Real Estate Gains
• More In-depth Sale Price vs List Price Analysis

Article Tags>> Buyer-Information | Local-News | News

• Posted in : Buyer Information, General Real Estate
• Author : Dustin

message
name email url

Or add a Video Comment

with

« Back to text comment

Notify me of followup comments via e-mail

• Subscribe:

• Full Feed
• Comments

Seattle Area Home Search

City: Algona Auburn Baring Beaux Arts Bellevue Black Diamond Bothell Burien Carnation Clyde Hill Covington Des Moines Duvall Enumclaw Fall City Federal Way Hobart Hunts Point Issaquah Kenmore Kent Kirkland Lake Forest Park Maple Valley Medina Mercer Island Milton Newcastle Normandy Park North Bend Pacific Preston Ravensdale Redmond Renton Sammamish SeaTac Seattle Shoreline Skykomish Snoqualmie Snoqualmie Pass Tukwila Vashon Woodinville Yarrow Point

Beds: 1+ 2+ 3+ 4+ Baths: 1+ 2+ 3+ 4+

Price: to

or

Recent Comments:

• ARDELL: Thanks Riley. I really liked your post. It was just a little short on original content, and by our and most mls rules, would be an mls violation. I...
• Sniglet: Kary said: “I’m interested in your last comment about borrowing short term” The problem is that the GSEs need to maintain a certain ratio of...
• Riley Smith | Coconut Grove Real Estate: Ardell - thanks for hosting this week’s carnival. Interesting, funny and witty…..(even though you didn’t...
• Rhonda Porter: Thanks Dustin, I’ll check it out.
• Kary L. Krismer: I meant short term–operating capital. I’m interested in your last comment about borrowing short term. Isn’t that how they always...
• Sniglet: Kary wrote: “I thought one of the two was better capitalized than the other, so why both? And last I read, neither had tapped the Fed resources...
• Kary L. Krismer: Sniglet, re #3 I realize that, but it’s an entirely different matter to affect third parties directly–e.g. shareholders. What I...
• Dustin: Rhonda: I just published an example of a table and saved it as a draft post title “Mortgage Table Test” that you should be able to edit.
• Dustin: We can definitely figure out tables if you want to do that. A long time ago, I set up a template to do that. I’ll dig it up and get it to you soon!
• Q-diddy: Sucks if you’re a stock holder, great if you’re a bond holder.

Real Estate Blogs

• 360Digest
• 4realz.net
• Behind The Mortgage
• Blown Mortgage
• Central Virginia RE
• Future of RE Marketing
• Grow-a-Brain
• Inman Blog
• InvestorCentric
• Jay’s Arizona RE
• Lenderama Mortgage Blog
• Matrix
• Mortgage Porter
• Redfin Blog
• Sellsius Blog
• South Beach Blog
• The Real Estate Bloggers
• Trulia Blog
• UrbanDigs
• Urbnlivn
• Zillow Blog
• LOTS MORE...

Seattle Neighborhood Blogs

• 8 Block Walk
• Alki
• Alki Beach Walks
• At Large in Ballard
• Ballard Avenue
• Beach Drive
• Beacon Hill
• Broadway
• cap to the hill
• Capitol Hill
• Capitol Hill
• Capitol Hill
• Captain Columbia City
• Central District News
• Denny Triangle
• Georgetown
• in Belltown
• Issaquah
• Kirkland
• Lake City
• Mid Beacon Hill
• Miller Park
• My Ballard
• Pike/Pine
• Queen Anne
• Rainier Valley Post
• Redmond
• Sammamish
• Seattle Blog
• Seattle’s One a Day
• Surrounded by Water
• The South Lake
• Wedgewood
• West Seattle
• MISSING YOURS?

Meta

• Register
• Log in