In some cases, gross income can include recurring capital gains or unrealized income, winnings from a day of gambling, rental income, and sometimes even interest earned on retirement accounts.

He has not been involved with the property so far but he has capital that he can contribute.

Moving it from your personal name to your LLC will be treated the same for tax purposes when selling, so I don’t see how moving it to an LLC will change your capital gains.

We own 7 properties that we will start developing in 2025.We are currently remodeling my wife’s two-story home, turning that into two rentals.A developer contacted us and is using our largest plot to build a four-story condo building trading one condo for the opportunity.We drive and live in an 18 wheeler debt-free saving up capital for the next opportunity. 

I get the gist of this but not completely sure how it works out also would it be smart to use a private money lender for gap funding in order to come with the capital needed to get approved for the fix and flip funding?

., capital gains).

I don't have a lot of capital to give.

Often you can find other with pocket listings for deal on the forums as well.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer. 

Large up front deposits are usually a red flag that the contractor doesn’t have operating capital which often  leads to project slow downs.  

At the moment, capital is our biggest struggle.