When you sell $700k property you have to buy $700k worth of property to defer all taxes not just the amount you have in profit.  2) When you did the exchange your “tax basis” for the two properties you bought would be reduced by your profit.  

Anyone in southern Florida that could offer advice - def not looking for some program etc. would it make sense to try and partner with someone so someone else could help with identifying properties and both kindof would profit monetarily as well as stand at risk? 

Ideally we are looking for a single family home (3+ bedrooms) in an area where STRs are profitable.

Hey everyone,I’ve been looking into alternative financing models that are structured around profit-sharing instead of interest — similar to partnership or markup-based loans.Has anyone here tried this type of interest-free or profit-based financing for a property purchase or investment?

Should split roughly $80,000 profit 4 ways.

Minimal turnover.When you combine voucher income with disciplined systems, scaling stops being stressful and starts being strategic.Managing 20+ rentals isn’t hard when everything has a place.Discipline replaces chaos.Systems replace stress.And the portfolio becomes boring, which is exactly what profitable real estate is supposed to be.What’s the part of your rental operation that feels the most disorganized right now? 

Would love to discuss the kinds of profit splits and preferred returns that work for you. 

Way easier than trying to fix problems down the road.Your OA should cover things like:-How your partner’s initial capital gets returned -How profits are split after that-Who makes the big decisions (budgets, refinancing, when to sell, major repairs, etc.)There are lots of ways to set it up so both of you feel protected.

That’s a big deal when you layer that profit on top of your W-2 income.From a tax perspective, the tradeoff looks like this:• Flip: the $60K gets taxed like regular income, so plan for a heavier tax bill.

Ideally would like to sell as 2 condos for maximum profit, but if town won't permit that, am willing to refinance and rent out with anticipated combined monthly rent of $4800.