No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.

@Andrew Slezak Opportunity Zone (OZ) investing allows you to defer capital gains taxes (e.g., from crypto) by reinvesting the gains into a Qualified Opportunity Fund (QOF) within 180 days.

I have about $100k in capital reserves and can leverage the 2 properties for additional capital, as needed.

Your problem will be them incurring capital gains taxes simply so you can get a commission.

Hello all,Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?

Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.

Brett, managing syndications funded by other people's hard-earned capital is a serious responsibility and not a part-time job. 

The seller becomes the bank and pays capital gains one time on the downpayment (which keeps it low to make sense for them) and then also monthly on the payments (also incentivized to just match how much he wants a month).

Their job is to keep investor capital allocated and returning, so there's only a deal if they can actually redeploy the capital into something better.As a buyer, you need to establish a lot of credibility for a deal this size.

Quote from @Tara Montgomery: Do any of you know where an investor can find a capital raiser or any similar title for a development project with a PPM in the beginning stages?