If real estate is involved, separating it into its own LLC before the sale can simplify the process and make it easier to leverage a 1031 exchange.This post does not create a CPA-Client relationship.

Originally posted by @Kyle Atans:Originally posted by @Anthony Dooley:@Kyle Atans I don't need a math lesson.

Ahmed:Originally posted by @Jay Hinrichs:Originally posted by @Lourdes Caballero:@Jay Hinrichs thank you for your feedback.

So the pre-covid era is much different than the post-covid era.

I’ve tried posting it in communities, reaching out to buyers agents, and dispo specialists.

Keep us posted.

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.

I would suggest matching with someone who has the most reviews or forum posts.

Originally posted by @Jared Carpenter:Good evening BP world,I am looking to make some contacts, specifically RE agents and hands-on investors in the phoenix area, in order to start acquiring some value add SFH investment properties.