Cops, lawyers, politians, doctors, insurance companies, bankers, real estate agents, accountants, actors, musicians celebrities and of course 'wholesalers' to list a few all get a bad rap depending on who you ask. 

Is there any knowledge out there that enables avoiding this tax?

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Your marketing needs to find off-market deals, your analysis need to accurately determine ARV, your negotiating skills need to enable a contract at a well-below-market price, you need to be able to evaluate the property for for rehab costs accurately, and the easiest part is finding buyers. 

I am a professional musician and music teacher by trade.

Also another thing, starting a business in Bahrain doesn't need a sponsorship from a national, they have already changed the law enabling foreigners from starting and owning their business. 

Hey everyone,I'm Chris, a professional musician in the Northern VA area.

I expect the project to be ~1.7M and am raising ~600k to cover planning and initial costs and financing the remaining 950k (750k/1.7M = 44%).My neighbor is considering selling me their (larger) property for 600k that is wholly owned but has very high cap gains pending.We are both concerned with minimizing fees and tax penalties.They are open to an idea I proposed where they would transfer the property to me in exchange for a comparable position in a LLP limited partnership stake in my project which would enable me to take out a HLOC sufficient (or nearly) to fund the project and buy them out, plus interest, in a chunk once complete/over several years.Another thought was to owner finance with payments to them spread across say 5 years from the added value to the developed project but it seems that muddies the ability to establish an equity line that they aren't affiliated with.Ideas?  

Today's technology enables us to communicate and collaborate effectively with clients literally all over the globe.

A Self-Directed 401K plan allows you to eliminate the expense and delays associated with an IRA custodian, enabling you to act quickly when the right investment opportunity presents itself.