If you are looking at buying small businesses I would target the ones that baby boomers own, many of them are retiring and looking to sell their business as a retirement plan.

.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

I'm looking to get their "package" which includes a Holding company, LLC Subsidiary​, Corporate Financial Program and an Estate Plan.

It's a good idea to start doing the research and planning, but adding stateside management now might just become something where you find it hard to manage the manager.

Focusing on appreciation is a solid plan, and house hacking can be a smart first step to grow your portfolio.

If simplicity is key, selling outright is best; if deferral or family planning is the goal, consider gifting or a 1031 exchange.This post does not create a CPA-Client relationship.

I recommend finding a tax accountant who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

But seems to me to at least give them some months to come up with a plan and start paying then if that does not happen you can slam dunk them.  ???

Just curious what is the long term plan as far as minimizing tax in later years as the account in pre-tax become huge?   

.: Quote from @Brandon Brown: I am considering switching to a heat pump with an electric heat strip for supplemental heating in our two-flat building, with plans to add a third unit in the future.