Bonus - the interest on the loan is tax deductible!

The book on tax strategies for real estate investor by Amanda Han and Matthew Macfarland.I read these two books when I first started investing and found the information very helpful.

I looked into this as well since I'm getting terribly bent over on my w-2 taxes. 

At the same time, someone else reduces your debt, and you get to use the tax code to improve your tax situation legally.  

Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

Another common practice for nationally sparse datasets such as tax data is aggregation.

u can see these homes on my website. also if there is any way to manage it.. if you can figure out how to get paid as a WA resident you will enjoy the same no income tax status you enjoy now.. 

You can always use a software like Turbo-Tax and follow the prompts.

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

Thanks for readingDavid $250,000 tax-free?