Let’s talk specifics.Part 2: 3 Ways I’m Going to Make Money in a Trump Economy (3:30 - 7:00)Now that we know what’s coming, let’s talk about where the money is moving—and how I’m going to capitalize.🔥 #1: Real Estate is About to Explode AgainTrump is a real estate guy—he’s going to bring back policies that favor investors.I’m calling it now: 100% Bonus Depreciation is coming back—and it’ll be retroactive.That means massive tax write-offs for real estate investors, making syndications, funds, and commercial properties even more attractive.Trump will push for more Opportunity Zones, making it easier to defer and reduce capital gains taxes by investing in real estate.Lower regulation = Easier development, faster approvals, and more investor-friendly lending.💰 What am I doing?

If not for those rotten CPAs, we could deduct everything, including dog food and CrossFit memberships, pay zero taxes and finally be happy.

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

Unfortunately, he got behind on property taxes and was struggling to keep up with maintenance, so the place was in rough shape.

The city has explained that since this is a "no-consideration" transfer, it's not subject to transfer tax.

tax lien or tax deed

Which means I would be subjected to being taxed in the United States as well as when I take my money out in Canada. with further research, I stumbled across setting up an LP which the CRA would recognize and allow for the tax treaty of Canada and the United States have to actually work for me to get the tax credit.can anyone here add to this?

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

The owner is estimating that the Tax Map Key will be available in 10-24 months. 

This would increase your returns and lower your taxes by spreading the gain over several years.