Need tax shelter ideas

[Laura Olds]

So we did our first (non owner occupied) flip this year, paid cash, and had an offer 5 days after recording. (And here I am complaining--right!!) Needless to say, it went way way faster than I had penciled out and now my 2017 tax forecast is out of control. (Darn it, made too much money for the calendar year.) I need creative ways to shelter about 150k. I need to be able to access the liquid funds in the immediate future to keep flipping. Write-offs for lower tax brackets are good...but I need more ideas! I'll keep looking here, but hoping some new strategy might be out there Thx!