Greetings BP community, I recently joined a national senior care living development team. I'm coming from smaller scale mixed use development and fundraising. I'm data driven and would love to immerse myself in IL, ...

I guess that you could call me a 'professional host'.  

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

See my video on this for more info.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

How is it for preparing taxes? 

Wholesaling real estate is among the hardest possible ways to start out your professional career. 

Class A apartments have numerous amenities, professional management, and sit in desirable neighborhoods.

The property is distressed (unpaid taxes for 2 years).

Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.

Take the tax free sec 121 first and then 1031 the leftover.