It's no secret that if you're making money flipping houses or buying apartment buildings that Uncle Sam is going to take a bite out of it. This is simply inevitable, but probably a good problem rather than a bad problem. Good problems are those that result from making money or those that put money in your pocket. Bad problems lighten your wallet and give you restless nights. As long as you keep your books and records straight, you shouldn't have any bad problems with the IRS. http://bit.ly/baGh5G
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