Since flips are typically treated as dealer properties, profits are taxed as ordinary income.Please make sure your entire structure is properly analyzed for you to save most amount of taxes.

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

I understand this is part of the learning curve, and once I can have the PM "release" me, I might consider it and save 3k/yr!

I want my occupancy (and revenue) to be maximized so, for me, it's very important to have something unique that the other places don't have so my condos will stay rented throughout the low season and in case of a downturn in tourism.

I've been having this conversation lately with a lot of the owners I work with as well as those who self-manage. For a long time, the mindset for investors has been to get the highest rents possible on their units. Th...

Hey Chad,I made my unit all electric, which definitely saved some time.  

Typically romex and copper wiring was introduced and most systems have been grounded - this will save you on electrical costs. 

Time saving in property acquisition, building improvements, purchasing living units, etc.3.

I could just put it in that box of my spreadsheet to account for the expense and then in most other ways, it's the same issues - capital savings, maintenance, vacancy, etc? 

I am learning about Fix and Flip strategies (I've only done developments).I want to grow my income from Real Estate while working on developments (ie waiting for zoning, permits and building)What have become your go to finishes for fix and flips to maximize value?