First off, I want to say thanks for all the great posts. I am new to the site and have been reading quite a bit the past few weeks. I've learned a lot but it's clear to me that I have much more to learn. I prefer to play brick and mortar games but since I can't get into those as frequently as I would like, I play PP on occassion. I have a hand here that I would like feedback on. Where did I go wrong?

Some observations: UTG+1 is EXTREMELY loose. By his own admission he see's 70% of the flops and by watching him, I'd say that was accurate. He limps with about everything,calls with any face card, raises with connectors, and raises big with pp and suited connectors. Post flop I put him on J rag so I figured I had him beat. I got overzealous because he had a big chip stack and I knew he was ripe for the picking . I think that was my BIGGEST mistake . Any thoughts?

Party Poker No-Limit Hold'em, $0.25 BB (9 handed) converter

MP1 ($45.39)
MP2 ($15)
MP3 ($30.48)
CO ($24.6)
Button ($25.25)
Hero ($26.45)
BB ($26.1)
UTG ($24.2)
UTG+1 ($55.58)

Preflop: Hero is SB with J, A.
1 fold, UTG+1 calls $0.25, 1 fold, MP2 calls $0.25, 2 folds, Button calls $0.25, Hero raises to $1, 1 fold, UTG+1 calls $0.75, MP2 calls $0.75, Button folds.

Flop: ($3.50) 5, J, 2 (3 players)
Hero bets $3, UTG+1 raises to $6, MP2 folds, Hero calls $3.

Turn: ($15.50) T (2 players)
Hero bets $10, UTG+1 raises to $20, Hero calls $9.45 (All-In).

River: ($54.95) 2 (2 players, 1 all-in)

Final Pot: $54.95