4 properties looking for good strategy for taxes and growth

[Tony Roddenberry]

I just bought my 5th property and need some advice on strategy.  I need to be able to pull some cash out of one or all without giving uncle same 1/3 of it.

House number 1 is going through evection. Cash for keys agreement has the tenant out on Sept1st. ARV will be $78-80 K. 39 K mortgage 1 year left on 5 year baloon. Will take 12K to rehab. Rents for $850.

House number 2 is a lease option. Cashed out at the bank. Tenant is doing well. No issues with this one.

House number 3 closed on Wednesday. Rehab will be complete on the 1st of September. Paid 45K Rehab cost 7K ARV 75K will rent for $750 per month.

House number 4 was purchased on the court house steps this week for 30K. Will take 8K to rehab has 2K owed in back taxes. Will rent for $700per month.

Both house numbers 3 & 4 were purchased with a helicopter on my primary residence. Bank will do conventional refinance with 10 year arm @4.5 percent on 20 year am.

I need to generate cash and was planing on selling house number one because of the lower taxes rate but I hate to sell a good cash flow house. I hope to purchase at least one more this year with simular numbers. I have no problem flipping but want to avoid growing the federal government in the process.

I'm still a newbie. Just bought my third bought my third Bigger Pockets book, The BP book on Taxes. Still have a LOT to learn and would appreciate  any advice. I meet with a CPA in two weeks for tax planning  and hope the book on taxes will give me some good questions to ask but would like to hear what some of the BP pros has to say as well.

Thanks for all your help

Tony R