Property taxes are 2% instead of 1% for landlords as a general rule (some districts may  be slightly higher). 

If I learned anything it's that your project is as good as your GC. 

In process....stabilization in 12 months Lessons learned?

Tax-Free Exchanges: While 1031 exchanges aren't available to SDIRAs, the tax deferral within the account means you can sell property and reinvest proceeds into new opportunities without immediate tax consequences.

You can take any proceeds tax free and roll into a different investment. 

Would be interested in connecting to learn more about your experience. 

What’s been your biggest win (or lesson learned) in distressed property investing?

Exactly, lesson learned for sure.

Loving all the threads in the app and learning from seasoned investors!  

Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.