Posted by BillW. on December 08, 2000 at 06:21:10:
David, Either route can make you a lot of money. What you do should depend on your experience and temprament. What I might suggest is to learn to use other people’s money to do your deals. There is a tendency by some people to try to buy their way through deals and that sometimes leads them to make deals that are not realistic and have too thin a margin of profit. As to taxes, they are a part of life. Male sure your deals have enough room in them to pay what will be owed.