How To Make Your First Real Estate Flip by Sabrina Peterson
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Description
It’s no secret: the foundation of weath building lives in Real Estate. Land ownership is the name of the game and without it, you’re not even close to sitting on the bench.
The United States Department of Agriculture reports that the five largest landowners in America, all white, own more rural land than all of black America combined.
While we could explore the historical context of such stats, this course is not a look into history, but rather an opportunity to construct YOUR FUTURE.
Believe it or not, owning land and investing in property is not as difficult as it may seem. With the right tools and resources, anyone can own land and make the most of their investments and truly begin to build generational wealth–real lasting wealth to carry you through your lifetime and beyond.
If you have finally decided to take the first step and start investing in Real Estate, this is the course for you.
In it, we’ll tackle every possible step of the House Flipping process, from finding the right property and developing the perfect exit strategy.
Information about business:
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
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