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.

Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.) 

Working with a great broker can also help as they will know how best to represent your interests and play the game.

Both offered up to $40k, 12-14% rate which is higher but not bad for an unsecured personal loan. 

Best case scenario for you maybe do a “utility allowance “.  

As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.

I don’t completely understand how I could best put my money towards a rental property or fund one with the income that I am making.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Best regards,Jayson ALehi, Utah I have been trying to grow in the wholesale aspect as well Jayson!

Is it better to diversify your portfolio in one geography, tenant base, style of property (SFH, Multifamily, Apartment). Or is it better to utilize different strategies? I would love to hear about your strategies of w...