When using a 1031 exchange, the replacement property must be used for investment or business purposes, so even if it doesn’t generate income immediately, it’s important to show that you intend to rent it out.

Like many (most) businesses it requires an investment of capital; money expenditure for ongoing marketing; management of operating, marketing and professional personnel; keeping accounting records and filing tax returns; established sales practices; constant monitoring of goals, budgets, and productivity; establishment and implementation of operational systems; and providing customer service.  

Working with our Rockstar agent, Bill Beck, we identified an excellent lakeside investment property near Silver Dollar City and other key Branson attractions that should (eventually) generate a 50% COC return (we have a lot of learning to do - so I'm not banking on that high of a return in the first few years).

If you wave the commissions and you ask for a reduction in the price to offset the difference of not receiving a commission it's still taxable.It's a rebate if a customer of yours receives a portion of the commission to offset closing costs during the transaction.

It's not really true loyalty program it's actually more a way to verify their underwriting and get more and more comfortable with you as a client/customer.  

Not for customers?

A couple of other sources that could generate flips are expired, withdrawn and canceled listings. 

Into yourself, learn a skill and use that to increase your income & generate more cash to really invest.

We are customizing our Podio so that leads with a certain label can be automatically pushed to a list on Smartphone Dialer for more efficient follow-ups that can be retargeted fresh.

We have a lot of customers in NY and surrounding areas.