Quote from @Jason Baker: After leaving the real estate market in 2024 and bringing in the new year of 2025, what are the best updated strategies/approaches to be a successful wholesaler in the Miami Market?  

Other strategies include gifting portions of the property to reduce the taxable estate or exploring more complex options like a Qualified Opportunity Fund or a Charitable Remainder Trust to defer or minimize taxes.

Would love to hear more about your interests and strategies you are considering 👍🏽

•Off-market deals: Creative strategies for connecting with potential sellers and standing out in a competitive market.

I have heard good things about Ohio, Indiana, etc.5 - Due to high interest rates flipping has become highly risky and most businesses have dried up.6 - Co-living and Assisted living seems to be popular right now.So - really depends on your market, your strategy, and your timeline.

Tax-deferred strategies like 1031 exchanges and refinancing allow further tax-efficient wealth building.This post does not create a CPA-Client relationship.

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

Love the strategy of doing the work that so few others are willing to do.

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

These experiences shape my growth-mindset and value-first orientation, ensuring I bring a unique perspective to every deal.Personal Insight:As a father of six, I understands the importance of balancing family values with sound investment strategies.