I'm sure the seller would close today if you wanted, but since these items are not yet complete YOU refuse to close.

@Jalen De Leon - 1- costly tax planning or entity structuring... you might not benefit from this much yet2- Whoever you choose will request items listed on Sch E and maybe some additional things like closing statements and property tax bills.3- Simple!

I may not exacute on this just yet but I believe rates will be close to this by the end of 2024.

Would certainly recommend visiting if one is close to you.

@Trent ReeveI'm a year out too.It helps me get bookings that others can't because their calendar is closed off further out.

We have been looking on/off market for over a year and nothing comes close to that with a SFH or duplex.

Now I have two different ideas... the first is to set up each property with its own LLC and the second idea is to set up one LLC and inside this LLC a title-holding land trust for each of the properties this way after each flip I don't have to keep setting up and closing an LLCLet me know your guy's thoughts on this situation,Thank you.

It's crucial to:Obtain detailed quotes from licensed professionals for each task, offering a more accurate cost overview.Address the importance of negotiating further with the seller if repair costs significantly exceed the agreed deduction, particularly for undisclosed issues.Prioritize hazardous repairs, like electrical issues and asbestos, which may need to be resolved and reinspected before closing.

How many of these has he closed?

I have not heard of them before; it could be a local lender. however, make sure you ask for references for past clients who have closed with a similar scenario as yours. not all lenders work with ITIN holders and Foreign Nationals, if you need a referral let me know.