This works well for wholesalers who sell deals to flippers, and flippers or investors can benefit even more by going the extra mile to generate their own off-market leads.

Qualifying as a real estate professional can offer significant tax benefits by offsetting other taxable income with real estate losses.

I do hold a realtor license in FL that I dont use to often, but has been a great education tool and benefit for my own personal transactions. 

The most valuable team members are those who understand the compliance side of Section 8 well and can help navigate that process.Property Management: Managing Section 8 tenants comes with its own challenges and benefits, especially in communication with the housing authority.

I'm in my gaining knowledge and setting up my foundation phase and currently focusing my efforts on wholesaling with a goal of moving to flips.Excited to learn and connect with you all!

At 100k the deduction starts to phase out and is fully phased out at 150k.

One of the side benefits is that the tenants now have skin in the game so to speak, and my gas bills have gone down a bit.What kind of heating system do you have in your property?

The sad truth is most who spend unnecessarily on asset protection have no understanding of what they paid for or understand how the entity structure will actually benefit them which is even more mind boggling.

Phase 1 will be done by end of November so that the owners can take advantage of the tax benefits for 2024 and rent in December.   

If you are able to niche outside of the area you won't be affected by the regulations but can still benefit from tourism there.